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purchasing power parity

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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Russia’s military procurement with Richard Connolly

January 13, 2020 Eric Lofgren 3

Dr. Richard Connolly joined me on the Acquisition Talk podcast to discuss a wide range of issues, including Russia’s GPV modernization programs, the effect of […]

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Update on size of Chinese military spending

February 7, 2019 Eric Lofgren 0

Whenever I or someone else suggest that we need higher defense spending, there is an incredulous response from critics: US military spending equals the outlays […]

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How large is military spending in the US and China?

January 25, 2019 Eric Lofgren 0

If you convert Chinese military spending using Market Exchange Rates, then the US is outspending the Chinese on its military by a factor of three. […]

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