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The Genesis Of Economic Thought Concerning War And Peace


  • Jacques Fontanel
  • Fanny Coulomb


This article links the development of political and philosophical thought with that of economic thought concerning war and peace issues. The economic orthodoxy that emerged during the 17th century presented human relations as peaceful, society being governed by a 'natural order', the Smithian 'invisible hand'. On the other hand, political theory saw emerging a realistic view with human relations characterized by violence, with conflict being society's normal state. This dichotomy explains the relative scarcity of economic studies on war and peace issues and the fact that these have been more often studied by heterodox authors.

Suggested Citation

  • Jacques Fontanel & Fanny Coulomb, 2008. "The Genesis Of Economic Thought Concerning War And Peace," Defence and Peace Economics, Taylor & Francis Journals, vol. 19(5), pages 321-330.
  • Handle: RePEc:taf:defpea:v:19:y:2008:i:5:p:321-330
    DOI: 10.1080/10242690802354261

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