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7 Cards in this Set

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5 dynamic inefficiencies from a military draft
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
5 potential problems w/ using PMCs
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
3 concerns of an all-volunteer force
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
how does a lottery not solve the problem of a draft being an inequitable tax?
b/c the lottery cant compensate for those exempt from conscription tax (families w/ only daughters or w/o children)
why is an AVF a less regressive system than the draft?
1- AVF is supported by taxes in a progressive system
2- draft takes people that would've otherwise have joined
explain the "up & out" system and the 3 goals of the system
- 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
4 static inefficiencies from imposing a military draft
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