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Introduction: The Fundamental Economic Problem of the Military

In: Defense Economics

Author

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  • Marcus Matthias Keupp

    (Military Academy)

Abstract

Contemporary military organizations are anything but private companies. Both military and civilian bureaucracies who do not function according to free-market principles administer them. Quite the contrary: As these bureaucracies control all economic activity in the armed forces, a planned economy system is established. Any economic analysis that ignores this fundamental problem not only leads to false conclusions, but also to irrelevant policy recommendations.

Suggested Citation

  • Marcus Matthias Keupp, 2021. "Introduction: The Fundamental Economic Problem of the Military," Springer Books, in: Defense Economics, chapter 0, pages 1-21, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-73815-0_1
    DOI: 10.1007/978-3-030-73815-0_1
    as

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    References listed on IDEAS

    as
    1. Jeremy Arkes & Jesse M. Cunha, 2015. "Workplace goals and output quality: evidence from time-constrained recruiting goals in the US navy," Defence and Peace Economics, Taylor & Francis Journals, vol. 26(5), pages 491-515, October.
    2. Boettke, Peter J. & Coyne, Christopher J. & Leeson, Peter T., 2013. "Comparative historical political economy," Journal of Institutional Economics, Cambridge University Press, vol. 9(3), pages 285-301, September.
    3. Raul Caruso, 2010. "Butter, Guns And Ice-Cream Theory And Evidence From Sub-Saharan Africa," Defence and Peace Economics, Taylor & Francis Journals, vol. 21(3), pages 269-283.
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