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The Iraq War in dollars and cents
Joseph Stiglitz and Linda Bilmes
March 21, 2008
Early on, the Bush administration estimated the Iraq war would only cost about $50 billion at most. But now — five years later — Nobel Prize-winning economist Joseph Stiglitz and Harvard professor Linda Bilmes say their research finds that the real cost of the war — past, present and future costs — will easily reach $3 trillion. Stiglitz and Bilmes discussed their research in a March 4 speech at the Commonwealth Club of California.

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