IDEAS home Printed from https://ideas.repec.org/a/eee/asieco/v4y1993i1p1-4.html
   My bibliography  Save this article

Disarmament, unemployment, budgets, and inflation

Author

Listed:
  • Vickrey, William

Abstract

One of the most important considerations which impedes the reduction of the defence budget to a level that makes sense even from a military point of view is the fear of unemployment. Even most militarists are willing to concede, if pressed, that retaining 20 000 nuclear warheads and building more attack submarines makes little sense when 1000 nuclear bombs would be sufficient to destroy civilization, and additional submarines would be of little use in the event of hostilities with Saddam Hussein, Qadhafi, Mobutu or North Korea. Yet the representative from New London or the senators from Connecticut may well feel that their political future is tied up with the fate of workers on submarines at the Electric Boat Company in Groton.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Vickrey, William, 1993. "Disarmament, unemployment, budgets, and inflation," Journal of Asian Economics, Elsevier, vol. 4(1), pages 1-4.
    • Handle: RePEc:eee:asieco:v:4:y:1993:i:1:p:1-4
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/1049-0078(93)90002-T
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:asieco:v:4:y:1993:i:1:p:1-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/asieco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.