Volume 37, Number 11 · June 28, 1990

The Peace Dividend

By Daniel Patrick Moynihan

There is much talk in Washington just now of the 'peace dividend,' the amount of money the Federal government will not need for defense now that we can see the end of the cold war. As ever, it's not quite that simple. If we don't think this matter through, we could end up baffled and angry and missing a once-in-a-century chance to reshape our government.



Feature, 3263 words

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