# Why The World Is Spending More On War

Page: https://stenobird.com/podcast/prof-g-markets-6899881/why-the-world-is-spending-more-on-war
Text version: https://stenobird.com/podcast/prof-g-markets-6899881/why-the-world-is-spending-more-on-war.md
Podcast: [Prof G Markets](https://stenobird.com/podcast/prof-g-markets-6899881)
Published: 2026-07-08T08:15:00+00:00
Episode link: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/pscrb.fm/rss/p/mgln.ai/e/257/traffic.megaphone.fm/VMP1669759733.mp3
Audio file: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/pscrb.fm/rss/p/mgln.ai/e/257/traffic.megaphone.fm/VMP1669759733.mp3
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JSON: https://stenobird.com/v1/public/podcasts/prof-g-markets-6899881/episodes/why-the-world-is-spending-more-on-war
Duration seconds: 2029

## Resource

Ed Elson is joined by Steve Feldstein to break down why countries are pouring so much money into defense and what that says about the future stability of the world. Then, Zed Francis joins the show to break down why chip stocks are selling off despite strong earnings from Samsung. Finally, Ed is joined by Ara Kharazian to dig into his paper which showed that the biggest AI spenders are actually hiring more than non-adopters. Steve Feldstein is a senior fellow at the Carnegie Endowment for International Peace. Zed Francis is the CIO & Co-Founder at Convexitas. Ara Kharazian is the Lead Economist at Ramp. Subscribe to the Prof G Markets Youtube Channel  Check out our latest Prof G Markets newsletter Read the Ramp paper Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

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## Transcript

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