LETTER: Peter Bruce’s Denel fantasy a disastrous nightmare
Military spending is economically unproductive
29 July 2019 - 05:03
I am left gasping in disbelief that a former editor of Business Day could write such garbage as Peter Bruce did in his most recent column, and that the newspaper would publish it (“Fix Denel with a defence budget”, July 25).
The most elementary “guns or butter” analyses of Economics 101 establish that military spending, at best, is economically unproductive and, at worst, is economically disastrous. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.