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Peace and War Economics in Retrospect: Some Reflections on the Historical Background of Defence Economics

In: Peace, Defence and Economic Analysis

Author

Listed:
  • Christian Schmidt

    (Universite de Paris IX Dauphine and LESOD)

Abstract

The chapter first reviews the different approaches of economists to peace, to defence, to war and the semantics of the subject. Then the present state of the art and its development is considered, using historical material. The inheritance from Adam Smith is examined, followed by that from F. Y. Edgeworth, and it is found that both have substantial contributions to make to our understanding from their different approaches to questions of war, peace and defence.

Suggested Citation

  • Christian Schmidt, 1987. "Peace and War Economics in Retrospect: Some Reflections on the Historical Background of Defence Economics," International Economic Association Series, in: Christian Schmidt & Frank Blackaby (ed.), Peace, Defence and Economic Analysis, chapter 2, pages 20-39, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-18898-7_2
    DOI: 10.1007/978-1-349-18898-7_2
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    Cited by:

    1. S. Brock Blomberg, 1992. "Growth, political instability, and the defense burden," International Finance Discussion Papers 436, Board of Governors of the Federal Reserve System (U.S.).

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