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7 Cards in this Set
- Front
- Back
5 dynamic inefficiencies from a military draft
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1- stops the progression of human capital acquisition of young people drafted
2- lessens the value of the human capital acquired 3- one-sided levied on mostly young people 4- reduces the lifetime earnings of the younger population 5- growth rate of national income is reduced |
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5 potential problems w/ using PMCs
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1- does their profits align with the motives of the country
2- if crime is committed how will they be prosecuted? 3- allow governments to carry out actions that otherwise wouldn't been approved by the public 4- can threaten the traditions of military service 5- unregulated nature of the transnational PMC |
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3 concerns of an all-volunteer force
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1- not enough recruits in the reserves and ROTC
2- $$ will be taken away from weapons acquisition to pay salaries 3- Congress takes away $$ from pay to pay for other things |
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how does a lottery not solve the problem of a draft being an inequitable tax?
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b/c the lottery cant compensate for those exempt from conscription tax (families w/ only daughters or w/o children)
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why is an AVF a less regressive system than the draft?
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1- AVF is supported by taxes in a progressive system
2- draft takes people that would've otherwise have joined |
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explain the "up & out" system and the 3 goals of the system
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- a system which speeds up the retirement process in the military based on rank & years
1- keeps the force young & vigorous 2- gets the right mix of ranks 3- makes promotions predictable |
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4 static inefficiencies from imposing a military draft
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1- imposes opportunity costs on conscripts that would've otherwise have joined
2- inefficiently matches people & jobs 3- lowers amount of productivity - higher TO, shorter training periods, less experience 4- abundance of labor to match capital - due to artificial cheapness of it |