Wasted in the sense that arms spending does nothing to boost the standard of living in the purchasing country and less than might be imagined in the selling nation.

FORBES: 2.2 Trillion Rupees Down the Drain

"I don't think the purchasing price is enough for those people who really feel a sense of betrayal, who had real emotions created by this book, " said Meyers.

FORBES: A Million Little Lawsuits Over Frey Book?

Many people felt richer (and in turn did other purchasing or borrowing based on this sense), but their assets were out of kilter.

FORBES: Mispriced