How Can We Judge the Size of Military Spending?


To judge the size of military spending, we can start by comparing it to the growth of the world economy.

Although the world economy has been way ahead, I suspect we’ve reversed the trend.

Military Spending

The World Economy

During the past 30 years, the world economy grew by 180% while military spending increased 120%. Looking more closely though, we would see that 80% of all military spending came from 15 nations and the regions varied. With Europe and China spending more, the Americas pretty much plateaued.

Below, You can see a recent rise in European military spending:world military spending

Dominated by the United States, spending was concentrated among 15 nations:

world military spending U.S. share

The United States

U.S. defense spending is at a new high. Although from 2024 to 2025, our spending did dip because of the Ukraine cutback. But then, the FY 2027 $1.5 trillion defense allocation was a whopper of a surge. According to the Center For Strategic & International Studies, that $1.5 trillion is close to a 40% uptick from 2026 when adjusted for inflation. Record breaking, it exceeded World War II defense spending peaks.

Our Bottom Line: The U.S. Budget

Remaining with the United States, in addition to history, we can judge defense through a federal budget lens. Becoming an increasingly larger slice of U.S. spending, in FY 2020 it was 10% while by 2027, the defense piece of the budget pie climbed to an 18% slice. And Iran was not even included.

Correspondingly, the increase in military spending has outpaced economic growth. With military spending a 3% piece of the GDP from 2022 to 2026, for FY 2027 its projection is 3.7%.

So, whether we judge defense spending by comparing it to economic growth, by contrasting what different nations spend on defense, or by looking at history, it always returns us to tradeoffs. Remembering that “Choosing is refusing,” spending more on defense, we have less for safety net programs, disaster response, and medical research.

My sources and more: Thanks to Timothy Taylor’s Conversable Economist for alerting me to the SIPRI study on military spending. From there, we went to the SIPRI (Stockholm International Peace Research Institute) paper, to CSIS, and to the CRFB blog update on the U.S. military.

Please note that our featured image is the Eurocopter Tiger, an attack helicopter that can add $73 million to a defense budget if you buy only one that is fully equipped. Also, I’ve interchanged defense and military as synonyms.

The post How Can We Judge the Size of Military Spending? appeared first on Econlife.



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Recent Reviews


Alaskan cruising is big business, with nearly two million travelers boarding mega ships each year. These floating cities move through Southeast Alaska’s port towns ofJuneau, Sitka, and Ketchikan with long transits to and from Vancouver or Seattle. They must be doing something right. But the real question is: right for whom? Discover why UnCruise offers a more immersive Alaska experience—fewer crowds, closer wildlife encounters, guided adventures, and all-inclusive small-ship travel in Glacier Bay.

We recently sailed on UnCruise’s Wild, Woolly, and Wow with Glacier Bay itinerary and experienced Alaska at a human scale, up close, unscripted, and deeply immersive. What we found was a style of travel that felt less like a vacation and more like a shared expedition. Here’s why we chose UnCruise for Alaska and why we’d do it again without hesitation.

An All-Inclusive Model That Actually Includes You

Happy hour Champagne on UnCruise

All Inclusive-Uncruise Wilderness Explorer Alaska

Traditional cruising relies on a dual-revenue model: low-margin fares offset by high-margin onboard spending like drink packages, shops, specialty dining, and excursions. To make the math work, those ships need 3,000 to 6,000+ passengers and rigid itineraries built around ports and schedules.

UnCruise turns that model on its head. With fewer than 90 guests and truly all-inclusive pricing, the experience feels more like an adult summer camp than a floating resort. Their ships anchor in remote bays instead of lining up at docks, and exploration is led by an in-house team of naturalists and guides, not outsourced excursion operators.

You’re invited, not herded, to experience Alaska on its own terms. For us, that meant forming real connections with the crew, with fellow travelers, and with the place itself. We learned names quickly, swapped stories easily, and capped each day with shared meals and drinks that reflected the region we were sailing through.

When Alaska Is Your Window View

Waterfront Juneau Alaska

Vendors on dock Juneau Alaska

Mega ship anchored in harbour, Juneau Alaska

UnCruise Safari Endeavour Juneau Alaska

Our first morning in Juneau felt surreal. The harbor was wrapped in fog as we walked along an empty dock, with tens of thousands of cruise passengers still waiting behind raised gangways. As the mist lifted, the walkways dropped, and the quiet was instantly replaced by crowds racing toward shops and excursion buses.

I couldn’t help but wonder if anyone glanced out their cabin window and felt a flicker of FOMO. If only they knew what mornings on UnCruise looked like. Day after day, our views were of waterfalls spilling into secluded bays and glaciers calving in the stillness of early morning, no crowds, no commentary, just Alaska doing its thing.

Closer to the Heart (and the Ice)

Skiff Tour LeConte Bay Alaska

Skiff by large iceberg LeConte Bay Alaska

LeConte Bay Alaska

Ed licking ice at LeConte Bay Alaska

Growing up, Geddy Lee’s voice urging us to be “closer to the heart” felt like a creative manifesto. Forging our creativity, molding a new reality, and sowing a new mentality… Closer was better. Closer was where new ideas formed and deeper connections took hold. That philosophy plays out beautifully on UnCruise.

In Glacier Bay, we had an unobstructed view of Johns Hopkins Glacier, while a mega ship lingered somewhere farther out in the fog, barely visible. We could hear sea lions barking as we passed and orcas exhaling as they surfed our bow wake.

And when “close” still wasn’t close enough, we boarded skiffs. Close enough to feel the surge from calving ice at LeConte Glacier. Close enough to taste ice that had traveled decades from mountaintop to sea. Close enough to hear bears splashing as they fished below Pavlof Falls. As Rush put it, “There’s something here as strong as life.” We felt it.

Days Built Around Doing, Not Watching

Neka Bay Alaska

Waterfall Cove Alaska

Kayaking Glacier Bay Alaska

Evac Skiff - Heading Home Alaska

A typical UnCruise day included both a morning and afternoon adventure: skiff tours, kayaking, or bushwhacking through rainforest. Each option took us deeper than the ship alone ever could, with kayaking bringing us closer still.

Trading engines for paddles let us hear waterfalls crash into Waterfall Cove and study freshly calved blue ice glittering in the morning light. Bald eagles watched from high pine perches while harbor seals lounged on stray ice floes, eyeing us just as carefully as we watched them.

Where Boots Matter More Than Deck Chairs

Waterfall Cove Alaska

Waterfall Cove Alaska

Wack and a half -Chicken of the Forest UnCruise Alaska

Waterfall Thomas Bay Alaska

Some experiences require boots on the ground, and this is where UnCruise truly excels. They don’t just provide sturdy rubber boots for muddy landings, they bring the expertise to use them well.

Their skiffs deliver you to remote shorelines and return at just the right moment. On land, you’re guided by wilderness professionals with advanced medical training, GPS navigation, and safety protocols (and gear) for everything from bears to sudden weather shifts.

That preparation opened the door to unforgettable moments: wandering through old-growth forests spared by their isolation, snacking on wild blueberries still wet with morning dew, scrambling up rocky outcrops for sweeping views, and sinking ankle-deep into muskeg bogs. It felt unapologetically, unmistakably like wild Alaska.

Eating as Part of the Journey

Breakfast Uncruise Wilderness Explorer Alaska

Delicious gnocchi, salmon, and prime rib

UnCruise Crab Leg dinner

Desert Uncruise Wilderness Explorer Alaska

Twice-daily adventures worked up serious appetites, and the UnCruise culinary team rose to the challenge. Meals weren’t just filling, they were thoughtfully designed to reflect the region we were exploring.

Our onboard chef, Rachel, originally from the Northeast, described Alaska as New England elevated. She leaned into the freshness of local seafood, serving dishes like butter-poached, fresh-caught halibut. And of course, there was the crab feast featuring sweet, delicate Dungeness crab with tender, flaky meat that exceeded even our lofty Alaskan expectations.

Evenings That Deepen the Day

2 bears with a salmon Pavlovs Bay Alaska

Bears at Hidden Falls Hatchery Alaska

After full days of movement and fresh air, evenings onboard were about understanding what we’d seen. Instead of shows or casinos, UnCruise offers Arctic education that builds context and meaning.

On bear-watching days, we learned how salmon runs support the entire forest ecosystem, right down to the trees. Entering Glacier Bay, we explored how microscopic life on ice underpins one of the planet’s most complex ecosystems. It was the perfect complement to what we’d experienced firsthand.

Born of Alaska, Not Just Passing Through

Uncruise Alaska Northern Lights
Photo Credit: Jenn Coleman.

UnCruise is headquartered in Juneau, and founder Captain Dan Blanchard was adopted into the Tlingit tribe in 2013—a reflection of his deep, long-standing connection to Alaska. For more than 30 years, the company has focused on immersive, active travel with a strong commitment to environmental stewardship.

The “Un” in UnCruise is intentional: unplugging, unhurried, and undeniably different from traditional cruising. For us, choosing this road, or route, less traveled made all the difference. We may never be as truly Alaskan as Captain Dan, but that week in the wilderness left a connection that time won’t erase.

Disclosure: A big thank you to Uncruise Adventures for partnering with us! For more Uncruise travel inspiration, check out their InstagramFacebook, and YouTube accounts.

As always, the views and opinions expressed are entirely our own, and we only recommend brands and destinations that we 100% stand behind.

Ready to Book Your Trip? These Links Will Make It Easy:

Airfare:

Insurance:

  • Protect your trip and yourself with Squaremouth and Medjet
  • Safeguard your digital information by using a VPN. We love NordVPN as it is superfast for streaming Netflix
  • Stay safe on the go and stay connected with an eSim card through AloSIM

Our Packing Favs:

  • We LOVE Matador Equipment for their innovative products and sustainability focus. Their SEG45 is a game changer when you need large capacity while packing light.
  • Travel in style with a suitcase, carry-on, backpack, or handbag from Knack Bags
  • Packing cubes make organized packing a breeze! We love these from Eagle Creek

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Hi! We are Jenn and Ed Coleman aka Coleman Concierge. In a nutshell, we are a Huntsville-based Gen X couple sharing our stories of amazing adventures through activity-driven transformational and experiential travel.





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