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How good is the US military?

Posted March 18th, 2018 at 11:58 AM by Guaporense
Updated March 19th, 2018 at 11:07 AM by Guaporense

How good? To measure how good an armed forces is is to measure how effective it is in utilizing the resources at it's disposal. By that metric the US armed forces are among the worst military forces in history.

Why? Let's look at the evidence of US performance in conflicts over the past 70 years. Since 1950 the US military was involved mainly in the wars of Vietnam, Korea and Iraq. In all these wars the US military fought enemies that were vastly inferior in both numbers, logistical...
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World's Great Powers by National Wealth

Posted September 16th, 2017 at 05:13 PM by Guaporense

The fluctuation of the national wealth of the world's countries has been great over the past century. The World's Wealth & Income Database provides information on the wealth of different countries in constant 2016 euros having datasets of some countries like France going up to the early 19th century. It allows us to map the evolution of wealth available per capita among different countries.

In 1913, the country in the world with the greatest stock of national wealth was Germany...
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Armament Production in WW2

Posted August 31st, 2017 at 02:15 PM by Guaporense
Updated September 1st, 2017 at 09:18 AM by Guaporense

To construct relatively accurate estimates of the value of armaments produced in WW2 I searched for output of the major categories of armaments and related logistical equipment (trucks and locomotives).

Interestingly, the value for armament output in WW2 was very much like I expected beforehand given the respective sizes of each economy (taking into account the fact the USSR lost a lot of territory and so did not have full access to it's economic potential). Still the correlation between...
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The Economics of WW1 and WW2: An Update

Posted August 28th, 2017 at 03:18 PM by Guaporense
Updated March 18th, 2018 at 12:06 PM by Guaporense

It has been over 5 years since I wrote the blog entries on the economics of WW2. Since then I have done some more research on the economy of the world around 1940.

Using a modified Maddison's dataset (taking the 1980 ICP as a basis instead of the 1990 ICP as Maddison used since it's closer to the date that we which to look to, also using Fukao, Ma Yuan (2007) benchmark estimate for pre-war East Asia). This is in order to make it more consistent with the available evidence in terms...
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Military casualties in WW2

Posted August 28th, 2017 at 10:38 AM by Guaporense
Updated August 28th, 2017 at 01:57 PM by Guaporense

One interesting aspect about WW2 is the huge level of military losses suffered by the Allies.

Total military losses in Europe suffered in the war against Germany consisted of soldiers, killed, wounded and missing in battle plus the prisoners of war taken.

USSR ------------- 25,934,494
USA ----------------- 737,590
British Empire ------- 1,159,828
France ------------- 5,500,000
Poland ------------- 1,500,000
Netherlands --------- 400,000...
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