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— George Lee Butler"Deterrence failed completely as a guide in setting rational limits on the size and composition of military forces, spurring an insatiable arms race with a reckless proliferation of the most destructive power ever unleashed, tailored for delivery by a vast array of vehicles to a stupefying array of targets."
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Our tolerance of the intolerable found a low threshold as early as the late 1950s with the grotesque excesses of McCarthyism, which destroyed so many honest lives, and then with the insane nuclear arms race and confrontations.
— Pankaj Mishra
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The fact that many private expenditures are mutually offsetting actually happens to constitute a remarkably good bit of fiscal news. Mutually offsetting spending patterns are wasteful in the same way that military arms races are. In such situations, if each party spends less, nothing is sacrificed, yet resources are freed up that can be put to much better uses.
— Robert H. Frank
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