I. Introduction, 558. — II. Some alternative wars and their economic impacts, 558. — III. Alternative suggestions for an over-all expenditure ration, 563. — IV. A pessimistic but realistic program, 569. — V. Concluding comment, 572.

JUST as some economists are accustomed to examine the operations of business and agriculture, a few have, for some years now, been scrutinizing the operations of the military services. In this work many of the attitudes and techniques of economists have proved to be most valuable. The application of some of these techniques in the analysis of some aspects of the logistics support of the United States Air Force may be of interest to economists.