Guests: Mackenzie Eaglen, senior fellow at the American Enterprise Institute, where she works on defense strategy, defense budgets, and military readiness; And Ankit Panda, Stanton Senior Fellow in the Nuclear Policy Program at the Carnegie Endowment for International Peace. Sources:  “Global military spending surges amid war, rising tensions and insecurity,” published April 2024 by the Stockholm International Peace Research Institute;  “Back in Stock? The State of Russia's Defense Industry after Two Years of the War,” by Maria Snegovaya, Max Bergmann, Tina Dolbaia, Nick Fenton, and Samuel Bendett, published April 2024 by the Center for Strategic and International Studies;  “Keeping Up with the Pacing Threat: Unveiling the True Size of Beijing’s Military Spending,” by Mackenzie Eaglen, published April 2024 by the American Enterprise Institute;  “Indo-Pacific Missile Arsenals: Avoiding Spirals and Mitigating Escalation Risks,” by Ankit Panda, published October 2023 by the Carnegie Endowment for International Peace;  “Missile Proliferation and Control in the Asia-Pacific Region,” from Jeffrey Lewis and Kolja Brockmann, published April 2024 by the International Institute for Strategic Studies; And “Why We Fight: The Roots of War and the Paths to Peace,” from Chris Blattman, published April 2022 by Penguin Random House.