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Defense, Peace, and War Economics (Paperback)
Loot Price: R589
Discovery Miles 5 890
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Defense, Peace, and War Economics (Paperback)
Series: Elements in Austrian Economics
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Loot Price R589
Discovery Miles 5 890
Expected to ship within 10 - 15 working days
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This Element surveys the field of defense, peace, and war economics
with particular emphasis on the contributions made by Austrian
economists. I first review treatments of defense, peace, and war by
the classical economists. I then discuss the rise of a distinct and
systematic defense, peace, and war economics field of study
starting in the 1960s. Next, I consider the contributions by
Austrian economists to the field. This includes the economic
analysis of the nature of the war economy, problems with the public
good justification for the state-provision of defense, the seen and
unseen costs of war, the idea of the liberal peace, and the
realities and limitations of foreign intervention. I conclude with
a discussion of some open areas for future research.
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