By defining political economy and war in the broadest sense, this unique Handbook brings together a wide range of interdisciplinary scholars from economics, political science, sociology, and policy studies to address a multitude of important topics. These include an analysis of why wars begin, how wars are waged, what happens after war has ceased, and the various alternatives to war. Other sections explore civil war and revolution, the arms trade, economic and political systems, and post-conflict reconstruction and nation building. Policymakers as well as academics and students of political science, economics, public policy and sociology will find this volume to be an engaging and enlightening read. -- Publisher description.

This Element explores the topics of terrorism, counterterrorism, and the US government's war on terror following the September 11, 2001 terror attacks. It draw on insights from Austrian and public choice economics. First, the foundations of the economics of terrorism are discussed emphasizing that the behaviors of terrorists and counter-terrorists are purposeful and goal-oriented. Then, the economics of counterterrorism policies and the importance of institutional change is considered. Next, the three dilemmas facing liberal societies as it relates to counterterrorism efforts is focused on. The Element then provides an assessment of the US government's war on terror. It discusses the origins of the war, discuss whether it can be judged a success or failure, and consider some of the main effects both abroad and within the United States. The final chapter concludes with a discussion of several areas for future research.

By defining political economy and war in the broadest sense, this unique Handbook brings together a wide range of interdisciplinary scholars from economics, political science, sociology, and policy studies to address a multitude of important topics. These include an analysis of why wars begin, how wars are waged, what happens after war has ceased, and the various alternatives to war. Other sections explore civil war and revolution, the arms trade, economic and political systems, and post-conflict reconstruction and nation building. Policymakers as well as academics and students of political science, economics, public policy and sociology will find this volume to be an engaging and enlightening read. -- Publisher description.

Media, Development, and Institutional Change investigates mass media's profound ability to affect institutional change and economic development. The authors use the tools of economics to illuminate the media's role in enabling and inhibiting political-economic reforms that promote development. The book explores how media can constrain government, how governments manipulate media to entrench their power, and how private and public media ownership affects a country's ability to prosper. The authors identify specific media-related policies governments of underdeveloped countries should adopt if they want to grow. They illustrate why media freedom is a critical ingredient in the recipe of economic development and why even the best-intentioned state involvement in media is more likely to slow prosperity than to enhance it. Scholars and students of economics, political science and sociology; policy-makers, analysts and others in the development community; and academics in media studies will find this book insightful and provocative.

The theme of this volume is 'New Thinking in Austrian Political Economy'. It includes original research by scholars working within Austrian political economy. The contributors draw on insights from Austrian economics that shed new light on a range of relevant topics including: the role of culture in economic action, the political economy of post-disaster recovery, class structure, decentralized political orders, drones, institutional change, macroeconomics, and superstition and norms. Each chapter discusses the relevance of Austrian political economy for understanding the topic under analysis and discusses areas for future exploration and research. The volume captures the relevance of Austrian political economy for scholarship on a wide array of topics and its potential as an active and open-ended research program. Scholars working in the areas of Austrian economics, heterodox economics, constitutional political economy, cultural studies, political science, public choice, sociology, and public policy will find the volume of interest.

In 2010, Haiti was ravaged by a brutal earthquake that affected the lives of millions. The call to assist those in need was heard around the globe. Yet two years later humanitarian efforts led by governments and NGOs have largely failed. Resources are not reaching the needy due to bureaucratic red tape, and many assets have been squandered. How can efforts intended to help the suffering fail so badly? In this timely and provocative book, Christopher J. Coyne uses the economic way of thinking to explain why this and other humanitarian efforts that intend to do good end up doing nothing or causing harm.
In addition to Haiti, Coyne considers a wide range of interventions. He explains why the U.S. government was ineffective following Hurricane Katrina, why the international humanitarian push to remove Muammar Gaddafi in Libya may very well end up causing more problems than prosperity, and why decades of efforts to respond to crises and foster development around the world have resulted in repeated failures.
In place of the dominant approach to state-led humanitarian action, this book offers a bold alternative, focused on establishing an environment of economic freedom. If we are willing to experiment with aid--asking questions about how to foster development as a process of societal discovery, or how else we might engage the private sector, for instance--we increase the range of alternatives to help people and empower them to improve their communities. Anyone concerned with and dedicated to alleviating human suffering in the short term or for the long haul, from policymakers and activists to scholars, will find this book to be an insightful and provocative reframing of humanitarian action.

Written for an audience of students, general readers, and economists alike, this Element is a primer on the field of the economics of conflict and peace. It offers a reasonably comprehensive, systematic, and detailed overview - even if in broad strokes - of the field's orthodox and heterodox history of thought and current theories and evidence. The authors view this Element as a baseline account on which to build a future, separate and more fully developed, work on the economics of peace, economic growth, and human development. Altogether, the Element contextualizes the field of conflict and peace economics, outlines its history of thought, highlights examples of current theoretical and empirical scholarship in the field, and maps trajectories for further research.

Many Americans believe that foreign military intervention is central to protecting our domestic freedoms. But Christopher J. Coyne and Abigail R. Hall urge engaged citizens to think again. Overseas, our government takes actions in the name of defense that would not be permissible within national borders. Emboldened by the relative weakness of governance abroad, the U.S. government is able to experiment with a broader range of social controls. Under certain conditions, these policies, tactics, and technologies are then re-imported to America, changing the national landscape and increasing the extent to which we live in a police state. Coyne and Hall examine this pattern-which they dub "the boomerang effect"-considering a variety of rich cases that include the rise of state surveillance, the militarization of domestic law enforcement, the expanding use of drones, and torture in U.S. prisons. Synthesizing research and applying an economic lens, they develop a generalizable theory to predict and explain a startling trend. Tyranny Comes Home unveils a new aspect of the symbiotic relationship between foreign interventions and domestic politics. It gives us alarming insight into incidents like the shooting in Ferguson, Missouri and the Snowden case-which tell a common story about contemporary foreign policy and its impact on our civil liberties.

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.

In 2010, Haiti was ravaged by a brutal earthquake that affected the lives of millions. The call to assist those in need was heard around the globe. Yet two years later humanitarian efforts led by governments and NGOs have largely failed. Resources are not reaching the needy due to bureaucratic red tape, and many assets have been squandered. How can efforts intended to help the suffering fail so badly? In this timely and provocative book, Christopher J. Coyne uses the economic way of thinking to explain why this and other humanitarian efforts that intend to do good end up doing nothing or causing harm.
In addition to Haiti, Coyne considers a wide range of interventions. He explains why the U.S. government was ineffective following Hurricane Katrina, why the international humanitarian push to remove Muammar Gaddafi in Libya may very well end up causing more problems than prosperity, and why decades of efforts to respond to crises and foster development around the world have resulted in repeated failures.
In place of the dominant approach to state-led humanitarian action, this book offers a bold alternative, focused on establishing an environment of economic freedom. If we are willing to experiment with aidOCoasking questions about how to foster development as a process of societal discovery, or how else we might engage the private sector, for instanceOCowe increase the range of alternatives to help people and empower them to improve their communities. Anyone concerned with and dedicated to alleviating human suffering in the short term or for the long haul, from policymakers and activists to scholars, will find this book to be an insightful and provocative reframing of humanitarian action.

Why does liberal democracy take hold in some countries but not in others? Why do we observe such different outcomes in military interventions, from Germany and Japan to Afghanistan and Iraq? Do efforts to export democracy help as much as they hurt? These are some of the most enduring questions of our time.
Historically, the United States has attempted to generate change in foreign countries by exporting liberal democratic institutions through military occupation and reconstruction. Despite these efforts, the record of U.S.-led reconstructions has been mixed, at best. For every West Germany or Japan, there is a Cuba, Haiti, Somalia, or Vietnam.
"After War" seeks to answer these critical foreign policy questions by bringing an economic mindset to a topic that has been traditionally tackled by historians, policymakers, and political scientists. Economics focuses on how incentives influence human action. Therefore, within an economic context, a successful reconstruction entails finding and establishing a set of incentives that makes citizens prefer a liberal democratic order. Coyne examines the mechanisms and institutions that contribute to the success of reconstruction programs by creating incentives for sustained cooperation.
Coyne emphasizes that the main threat to Western nations in the post-Cold War period will not come from a superpower, but rather from weak, failed, and conflict-torn states--and rogue groups within them. It is also critical to recognize that the dynamics at work--cultural, historical, and social--in these modern states are fundamentally different from those that the United States faced in the reconstructions of West Germany and Japan. As such, thesehistorical cases of successful reconstruction are poor models for todays challenges. In Coynes view, policymakers and occupiers face an array of internal and external constraints in dealing with rogue states. These constraints are often greatest in the countries most in need of the political, economic, and social change. The irony is that these projects are least likely to succeed precisely where they are most needed.
Coyne offers two bold alternatives to reconstruction programs that could serve as catalysts for social change: principled non-intervention and unilateral free trade. Coyne points to major differences in these preferred approaches; whereas reconstruction projects involve a period of coerced military occupation, free trade-led reforms are voluntary. The book goes on to highlight the economic and cultural benefits of free trade.
While Coyne contends that a commitment to non-intervention and free trade may not lead to Western-style liberal democracies in conflict-torn countries, such a strategy could lay the groundwork for global peace.

“Anyone concerned with social justice will find this book makes him question his assumptions, rethink his premises, and think!" —Andrew P. Morriss, professor, Bush School of Government and Public Service, School of Law, Texas A&M University What is social justice? In these pages, twenty-one accomplished academics seek to do justice to “social justice.” Inequality exists and it obviously causes rifts in societies. But it’s not obvious how the government should address those rifts, or if it should address them at all. Have we forgotten the perhaps more efficient power of personal choice—and the corollary obligation: to serve our neighbors—to make our society more humane? Beginning with the first political philosophers in ancient Athens, and continuing right through Marx into our post-modern era, men have wrestled with the question of justice; and the answers have been as earnest as they have been varied. Today, our “expert” class also claim to have answers—updated answers, more “equitable” answers, more technological answers ... in short, answers that are simply better suited to our times. But are those answers in any way correct? Do they work? Are they—just? In these elegant, nuanced essays, the authors use the wisdom of ancient and modern philosophers to shed light on these important questions—and the answers are revealing. Armed with ample evidence from real-world experiences, lessons from history, the wisdom of the classics, modern philosophers, and even the teachings of the world religions, the contributors of Is Social Justice Just? Illuminate the central role of the individual in achieving justice in all its aspects. Read Is Social Justice Just? And discover: how to do social justice wrong with the poison of resentment, envy, and ignorance; how to do social justice right with the insights of philosophers and theologians; how to respect people’s rights and liberties without sacrificing true equality; and how to reform flawed public policies that just make everything worse. In a world of partisanship, hysteria, maliciousness, and good intentions attached to hellish outcomes, this landmark book enters the public discourse at a critical time. With a foreword by Jordan B. Peterson, a preface by Nicholas Rescher, and a collection of essays by some of the best and brightest scholars of our time, Is Social Justice Just? is a timely and urgent work. Read it, and you will begin to think about “social justice,” and justice, in some surprising new ways.

The U.S. government's prime enemy in the War on Terror is not a shadowy mastermind dispatching suicide bombers. It is the informed American citizen. With Manufacturing Militarism, Christopher J. Coyne and Abigail R. Hall detail how military propaganda has targeted Americans since 9/11. From the darkened cinema to the football field to the airport screening line, the U.S. government has purposefully inflated the actual threat of terrorism and the necessity of a proactive military response. This biased, incomplete, and misleading information contributes to a broader culture of fear and militarism that, far from keeping Americans safe, ultimately threatens the foundations of a free society. Applying a political economic approach to the incentives created by a democratic system with a massive national security state, Coyne and Hall delve into case studies from the War on Terror to show how propaganda operates in a democracy. As they vigilantly watch their carry-ons scanned at the airport despite nonexistent threats, or absorb glowing representations of the military from films, Americans are subject to propaganda that, Coyne and Hall argue, erodes government by citizen consent.

Why does liberal democracy take hold in some countries but not in others? Why do we observe such different outcomes in military interventions, from Germany and Japan to Afghanistan and Iraq? Do efforts to export democracy help as much as they hurt? These are some of the most enduring questions of our time.
Historically, the United States has attempted to generate change in foreign countries by exporting liberal democratic institutions through military occupation and reconstruction. Despite these efforts, the record of U.S.-led reconstructions has been mixed, at best. For every West Germany or Japan, there is a Cuba, Haiti, Somalia, or Vietnam.
"After War" seeks to answer these critical foreign policy questions by bringing an economic mindset to a topic that has been traditionally tackled by historians, policymakers, and political scientists. Economics focuses on how incentives influence human action. Therefore, within an economic context, a successful reconstruction entails finding and establishing a set of incentives that makes citizens prefer a liberal democratic order. Coyne examines the mechanisms and institutions that contribute to the success of reconstruction programs by creating incentives for sustained cooperation.
Coyne emphasizes that the main threat to Western nations in the post-Cold War period will not come from a superpower, but rather from weak, failed, and conflict-torn states--and rogue groups within them. It is also critical to recognize that the dynamics at work--cultural, historical, and social--in these modern states are fundamentally different from those that the United States faced in the reconstructions of West Germany and Japan. As such, thesehistorical cases of successful reconstruction are poor models for todays challenges. In Coynes view, policymakers and occupiers face an array of internal and external constraints in dealing with rogue states. These constraints are often greatest in the countries most in need of the political, economic, and social change. The irony is that these projects are least likely to succeed precisely where they are most needed.
Coyne offers two bold alternatives to reconstruction programs that could serve as catalysts for social change: principled non-intervention and unilateral free trade. Coyne points to major differences in these preferred approaches; whereas reconstruction projects involve a period of coerced military occupation, free trade-led reforms are voluntary. The book goes on to highlight the economic and cultural benefits of free trade.
While Coyne contends that a commitment to non-intervention and free trade may not lead to Western-style liberal democracies in conflict-torn countries, such a strategy could lay the groundwork for global peace.

Many Americans believe that foreign military intervention is central to protecting our domestic freedoms. But Christopher J. Coyne and Abigail R. Hall urge engaged citizens to think again. Overseas, our government takes actions in the name of defense that would not be permissible within national borders. Emboldened by the relative weakness of governance abroad, the U.S. government is able to experiment with a broader range of social controls. Under certain conditions, these policies, tactics, and technologies are then re-imported to America, changing the national landscape and increasing the extent to which we live in a police state. Coyne and Hall examine this pattern—which they dub "the boomerang effect"—considering a variety of rich cases that include the rise of state surveillance, the militarization of domestic law enforcement, the expanding use of drones, and torture in U.S. prisons. Synthesizing research and applying an economic lens, they develop a generalizable theory to predict and explain a startling trend. Tyranny Comes Home unveils a new aspect of the symbiotic relationship between foreign interventions and domestic politics. It gives us alarming insight into incidents like the shooting in Ferguson, Missouri and the Snowden case—which tell a common story about contemporary foreign policy and its impact on our civil liberties.

The U.S. government's prime enemy in the War on Terror is not a shadowy mastermind dispatching suicide bombers. It is the informed American citizen. With Manufacturing Militarism, Christopher J. Coyne and Abigail R. Hall detail how military propaganda has targeted Americans since 9/11. From the darkened cinema to the football field to the airport screening line, the U.S. government has purposefully inflated the actual threat of terrorism and the necessity of a proactive military response. This biased, incomplete, and misleading information contributes to a broader culture of fear and militarism that, far from keeping Americans safe, ultimately threatens the foundations of a free society. Applying a political economic approach to the incentives created by a democratic system with a massive national security state, Coyne and Hall delve into case studies from the War on Terror to show how propaganda operates in a democracy. As they vigilantly watch their carry-ons scanned at the airport despite nonexistent threats, or absorb glowing representations of the military from films, Americans are subject to propaganda that, Coyne and Hall argue, erodes government by citizen consent.

This volume explores and engages the key thinkers and ideas of the Austrian School of political economy to better understand various aspects of the market process, or the way that individuals coordinate their separate interests in a peaceful and productive manner by unintentionally forming not only market prices but also rules, customs, cultural norms and other institutional arrangements that allow specialization and trade. Together, these dynamics generate a market order by ameliorating the potential for social conflict, and in turn, facilitating the conditions for social cooperation and specialization under the division of labor. Scholars in this tradition focus on how individuals, however imperfect they may be in their decision-making, are nevertheless guided by private property, prices, and profit and loss signals, which emerge out of human action, but not necessarily human design. The diversity in topics and approaches will make the volume of interest to readers in a variety of fields, including anthropology, economics, entrepreneurship, history, philosophy, political science, and public policy.

James M. Buchanan, winner of the Nobel Prize in Economics in 1986, was a pioneer of public choice and constitutional political economy, as well as contributing to many fields of study, including philosophy, political science, and public finance. Each chapter in this volume seeks to explore, critique, and emphasize the continuing relevance of the vast contributions of Buchanan to our understanding of political economy and social philosophy. The diversity in topics and approaches will make the volume of interest to readers in a variety of fields, and accessible to scholars from a variety of backgrounds providing the opportunity to further a cross-disciplinary exploration and discussion on market process theory.

Market process theory is crucial to our knowledge and expectations of actors working toward economic coordination and cooperation. In the wake of the 2008 financial crisis, there has been a renewed interested in using new applications of market process theory to better understand the global political economy. This volume brings together original research from the Austrian, Virginia, and Bloomington schools of political economy to analyse central elements of market process and market order. These include economic calculation, entrepreneurship, institutions and learning. Edited by three of the leading scholars in this field, the collection offers a multitude of new interdisciplinary understandings by engaging with scholars working in anthropology, economics, entrepreneurship, history, political science, public policy, and sociology.

Market process theory is crucial to our knowledge and expectations of actors working toward economic coordination and cooperation. In the wake of the 2008 financial crisis, there has been a renewed interested in using new applications of market process theory to better understand the global political economy. This volume brings together original research from the Austrian, Virginia, and Bloomington schools of political economy to analyse central elements of market process and market order. These include economic calculation, entrepreneurship, institutions and learning. Edited by three of the leading scholars in this field, the collection offers a multitude of new interdisciplinary understandings by engaging with scholars working in anthropology, economics, entrepreneurship, history, political science, public policy, and sociology.

The attempt by the United States since 9/11 to establish liberal political regimes in the Middle East and in the mountains of Afghanistan was doomed to fail-and for one simple reason. Imperialism and militarism build empires, not liberalism. And if we do not absorb this truth, the rest of the twenty-first century will be a repeat of its bloodstained beginning. So says Christopher Coyne, Senior Fellow at the Independent Institute and professor of economics at George Mason University, in this eye-opening, must-read book on America's recent foreign policy failures. Since the 19th century, the US government has used its immense power to promote liberal values and create a global liberal empire to "protect" them.

The political process focuses on the ways that people come together to engage in collective decision making in a variety of contexts. The central elements of the political process include: the formation of rules, the subsequent interactions that take place within those rules, and the evolution of rules over time. Scholars working in the area of Virginia political economy-e.g., James Buchanan and Gordon Tullock-emphasize the importance of applying the tools of economics to non-market settings, including politics. Scholars in this tradition focus on both politics and economics to understand the formation of political rules-constitutional political economy-as well as the subsequent play within those rules-public choice. Scholars in the Bloomington School-most notably, Elinor and Vincent Ostrom-have emphasized three important aspects of the political process and political order. The first is the distinction between "rules in form" and "rules in use." The rules in form refer to codified rules while the rules in use refer to the rules that people actually follow in their daily lives. Together, these dynamics generate the political order. The chapters in this volume explore and engage the key thinkers and ideas of the Virginia and Bloomington schools of political economy. The diversity in topics and approaches will make the volume of interest to readers in a variety of fields, including economics, entrepreneurship, history, political science, and public policy.

James M. Buchanan, winner of the Nobel Prize in Economics in 1986, was a pioneer of public choice and constitutional political economy, as well as contributing to many fields of study, including philosophy, political science, and public finance. Each chapter in this volume seeks to explore, critique, and emphasize the continuing relevance of the vast contributions of Buchanan to our understanding of political economy and social philosophy. The diversity in topics and approaches will make the volume of interest to readers in a variety of fields, and accessible to scholars from a variety of backgrounds providing the opportunity to further a cross-disciplinary exploration and discussion on market process theory.