125 - The Economics of Conscription

Conscription is a complex and multifaceted issue, influencing not only a nation's defence capabilities but also its economy and political landscape. With countries as diverse as Denmark, to the DRC, from Taiwan to Tajikistan, and even Austria to Armenia, having all adopted conscription. However, as different as each of these nations are, each of them is now facing unique challenges, constraints, impacts and benefits from the practice. So what are the true economic advantages and drawbacks of conscription, should countries like the US, the UK and Germany be looking at its reimplementation, and can it serve as an effective deterrent in modern conflicts? We ask our panel of experts: On the panel this week: - Paul O'Neill (RUSI) - Pvt. Gona (Conscript in the Finnish Army) - Eric Crampton (New Zealand Initiative) Intro - 00:00 PART 1 - 05:51 PART 2 - 28:47 PART 3 - 43:13 Outro - 56:39 Follow the show on @TheRedLinePod Follow Michael on @MikeHilliardAus Support The Red Line at: https://www.patreon.com/theredlinepodcast Submit Questions and Join the Red Line Discord Server at: https://www.theredlinepodcast.com/discord For more info, please visit: https://www.theredlinepodcast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices