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Disarmament: A century of economic thought

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  • Fanny Coulomb
  • Jacques Fontanel

Abstract

This article delineates the history of how disarmament became a concept in economic thought and reviews the relevant writings of economists such as Veblen, Wicksell, Pareto, Schumpeter, Hilferding, Luxemburg, Lenin, Bukharin, Sombart, Keynes, Pigou, and Robbins, and of selected classical precursors (e.g., Smith, Ricardo, Malthus, List, Marx/Engels) as well as post-World War II writers (e.g., Richardson, Boulding, Hirshleifer). Particular attention is paid to how the "markets-as-peace" versus "capitalism-as-war" dichotomy developed, a dichotomy reflected in the contemporary debate on the relative merits or demerits of "globalization".

Suggested Citation

  • Fanny Coulomb & Jacques Fontanel, 2003. "Disarmament: A century of economic thought," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(3), pages 193-208.
  • Handle: RePEc:taf:defpea:v:14:y:2003:i:3:p:193-208
    DOI: 10.1080/1024269022000000859
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    References listed on IDEAS

    as
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    6. Keith Hartley, 1987. "Reducing Defence Expenditure: A Public Choice Analysis and a Case Study of the UK," International Economic Association Series, in: Christian Schmidt & Frank Blackaby (ed.), Peace, Defence and Economic Analysis, chapter 19, pages 399-423, Palgrave Macmillan.
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