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Economics

Risk mitigation and the question of Chinese anti-stealth radar

October 13, 2021 Eric Lofgren 0

Here’s the excellent Chad Millette, the chief learning officer at Space System Command, on LinkedIn: Eric Lofgren, you suggest in reference to the story about […]

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Special economic zones and PPBE reform for the Department of Defense

September 24, 2021 Eric Lofgren 0

It is one of history’s great ironies that a major factor in defeating Soviet communism was one of the largest centrally planned economies in the […]

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Does efficiency in weapons acquisition equate to the absence of industry profits?

August 27, 2021 Eric Lofgren 0

Clearly, efficiency in the conduct of weapons programs is a desirable objective… What do we mean by efficiency in this context? There is a tendency […]

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Coordination in the market, science, and acquisition

August 5, 2021 Eric Lofgren 0

I am suggesting, in fact, that the co-ordinating functions of the market are but a special case of co-ordination by mutual adjustment. In the case […]

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Measuring the impact of unexpected inflation on DoD budgets, and other economic issues

June 29, 2021 Eric Lofgren 0

Talking with Eric Torenberg, Noah Smith says “The Fed will not stick to any rules that it officially adopts.” (minute 32) “The Fed will always exercise […]

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Putting the scale of DoD acquisition into perspective

June 23, 2021 Eric Lofgren 0

In the United States, proposals to centralize acquisition usually translate to combining the present procurement organizations of the military departments and creating an analog to […]

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Why DoD needs more uncorrelated experiments

June 17, 2021 Eric Lofgren 0

The thing that I will cry from the rooftops is that we just need more uncorrelated experiments. If you spend all the money in the […]

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Who spends more? The debate over military budgets in the US and China

June 15, 2021 Eric Lofgren 0

In essence, the CIA was using what today we would call PPP to compare the budgets of the two superpowers, a concept that Bill Greenwalt […]

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Diversity of funding criteria is key to accelerating S&T

June 9, 2021 Eric Lofgren 0

Tyler Cowen: How would you improve error correction mechanisms in the world of science — Western science?   David Deutsch: … I think the present system of […]

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How formal relational contracts can improve defense outcomes

June 1, 2021 Eric Lofgren 1

When Dell originally selected FedEx, in 2005, to handle all aspects of its hardware return-and-repair process, the companies drew up a traditional supplier contract. The 100-page-plus […]

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The folly of neglecting resilience for the sake of efficiency

April 1, 2021 Eric Lofgren 0

Resilience is something that may be very hard to see, unless you exceed its limits, overwhelm and damage the balancing loops, and the system structure […]

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Why monolithic defense programs are inherently fragile

March 27, 2021 Eric Lofgren 1

Mother Nature does not like anything too big… Mother Nature does not limit the interactions between entities; it just limits the size of its units. […]

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Optionality: A core concept in JADC2 and acquisition

March 25, 2021 Eric Lofgren 0

The idea of decision superiority really rests on this sense that optionality is going to be an increasingly important attribute of our future military operations. […]

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Seeing like a state, institutional legibility, and the collapse of defense innovation

March 20, 2021 Eric Lofgren 0

The book begins with an early example, “scientific” forestry (illustrated in the picture above). The early modern state, Germany in this case, was only interested […]

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Defense decision-making beyond neoclassical economics

March 10, 2021 Eric Lofgren 0

Well, in the article I caricatured how economists look at preference. So, let me do it in two stages. First, the way economists usually look […]

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