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Many observers of international affairs assume that larger, more populous states are necessarily more powerful. But the reality is wealth and economic development are the most critical factors in securing true military power.
Original Article: "When It Comes to National Defense, Bigger Isn't Always Better"
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Contact Ryan McMaken
Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.