The Economics of Department of Defense Base Closures

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Internet Article Review: The Economics of Department of Defense Base Closures In its most basic element, economist David Colander explains that economics examines how producers and consumers use scarce resources in an attempt to satisfy their unlimited wants (Colander, 2004). Over the past decade, and most recently with the announcement of the Efficient Facilities Initiative, the Department of Defense has forged ahead with a plan to complete multiple rounds of military base closures in order to …

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…on Base Closure Process. <Tab/>Department of Defense DefenseLINK. Retrieved May 16, 2004 from <Tab/>http://www.defenselink.mil/news/Aug2001/t08022001_t802brac.html .Cahlink, G. (2004, March 22). Pentagon should postpone base closures. GovExec.com <Tab/>Daily <Tab/>Briefing. Retrieved May 16, 2004 from <Tab/>http://www.govexec.com/dailyfed/0304/032204cdam1.htm Colander, P. (2003). Macroeconomics. Columbus, OH: McGraw-Hill/Irwin.