Tag Archives: Shoigu

Shoigu, the Economist

Explaining growth of the military budget Shoigu refers to founder of political economy Adam Smith saying that in his work “An Inquiry into the Nature and Causes of the Wealth of Nations” he stated that defense of the country was more important than wealth and called the military art “the noblest of all arts.” Thus, Shoigu concludes that it is not worth arguing with Smith proposing an alternative “army or economy.”

Source: WPS Observer.

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