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Levin-Waldman (2012, pp. 186-89) analyzes how "iron triangles" link Congress, the bureaucracy, and interest groups in self-serving relationships that influence policy in ways that are contrary to the public interest. In 1961, at the end of President Eisenhower's second term, he gave a farewell address to the nation in which he warned of the dangers of a "military-industrial complex." Many commentators today see the military-industrial complex as an example of an iron triangle that bloats the defense budget and distorts national priorities. Not everyone would accept this analysis, however, especially defense "hawks" in Congress, the military bureaucracies, and defense industries.
Briefly explain the iron triangle model of policy-making involving Congress, the bureaucracy, and interest groups. Analyze information about relationships among Congress, the military bureaucracies, and defense industries. Draw your own conclusion, and support it with facts and with persuasive reasoning, about the impact of these relationships on defense spending. Evaluate the accuracy of the iron triangle model as a basis for understanding the process of making defense spending policy.
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Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.
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