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Analysis

Photo: alonesbe / envato

12 September, 2026

How should governments measure the true cost of security? In the second part of his analysis, Andrzej Fałkowski argues that defence spending should not be viewed simply as a budgetary expense, but as an investment in deterrence and national resilience.

Drawing on the experiences of Ukraine, Israel, and Iran, he examines how war reshapes economies, public finances, and societies in different ways. The result is a compelling case that the real question is not how much defence costs—but how much a nation would pay for being unprepared. 

The Costs of War: Expensive defence, even more expensive war (PART 2) by Andrzej Fałkowski as originally published on defence24.com

See also The Hidden Costs of War (Part 1) by Andrzej Fałkowski as originally published on defence24.com

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