First published in 1934, this book explores prominent economic
questions on the subject of rearmament and disarmament. Both
rearmament and disarmament have a number of economic advantages and
disadvantages and in each chapter Paul Einzig considers these in
order to decide on which side the advantages outweigh the
disadvantages. Part I of the book examines the economics of
armament in the light of real experience of recent history whilst
Part II looks to the probable economic effort of future rearmament.
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