Ynet published yesterday an exceptionally stupid review of the economy behind the Iron Dome, Israel’s new anti missile defence system. The article attempts to present the ‘reasoning’ behind the new anti missile system. Believe it or not, it compares the running  cost of the system with the potential lost caused by the death of an Israeli.

“The Iron Dome system is very good for Israeli economy”, says Dr. Adam Reuter, a ‘financial risk management’ expert.  “A 25 year-old Israeli citizen should yield an average of 40 years of production … In other words, the death of an Israeli citizen at age 25 could cause a potential loss of economy of some 1.2 million dollars.”

According to Dr Reuter, the economy is pretty clear; the cost of a battery of Iron Dome which includes 100 missiles is about $100 million. The cost of each missile is about 50 thousand dollars.  Reuter logic is simple; if you spend $50.000 on a missile, you may save a young Israel who could potentially contribute 1.2 million dollars to the Jewish State’s economy for the next 40 years.