Review article: is war necessary for economic growth?
AbstractThe article reviews Vernon Ruttan's new book, Is War Necessary for Economic Growth? Military Procurement and Technological Development. (Oxford University Press, 2006). The subject matter is limited to the post-World War II United States only. Studying six general-purpose technologies emerging from war environments, the book claims that much of the U.S. post-war growth experience can be attributed to them. The reviewer finds that this is not Prof. Ruttan's best work, in part because the underlying research is too casual to support the conclusions drawn.
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Bibliographic InfoArticle provided by Economists for Peace and Security (UK) in its journal Economics of Peace and Security Journal.
Volume (Year): 2 (2007)
Issue (Month): 1 (January)
Military spending; technology growth;
Find related papers by JEL classification:
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
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