What Should Prevail, Bullets or Butter?

Israel can't afford to have it all. Hard choices have to be made and Ben-Gurion showed how it's done. Meanwhile, the gov't cringing before the bellicose defense establishment is letting everybody down.

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The late Moshe Zanbar had headed the Budget Department at the Finance Ministry in the 1960s. He went on to be governor of the Bank of Israel. Some years...