How do you measure arms-race type goods? For example, the world would be better off without any nuclear weapons. However the world is made better off if several reasonable countries can obtain nuclear weapons to serve as deterrents to others using them.
How do you measure arms-race type goods? For example, the world would be better off without any nuclear weapons. However the world is made better off if several reasonable countries can obtain nuclear weapons to serve as deterrents to others using them.
A similar analysis exists for guns.