Military Economics : The Interaction of Power and Money - Ron Smith

Instant online reading.
Don't wait for delivery!
Go digital and save!

Military Economics

The Interaction of Power and Money

By: Ron Smith

Write A Review

Hardcover | 29 October 2009 | Edition Number 1

At a Glance

Hardcover
210 Pages

Dimensions(cm)
22.86 x 14.61 x 2.54

Hardcover

$169.75

or 4 interest-free payments of $42.44 with

Ships in 5 to 7 business days

Military power and conflict have fuelled economic growth throughout history. Money matters to the military; it is needed to finance war and the desire to acquire it is often the motive for fighting. This book examines the interaction of economics and conflict, it explains the economic concepts used, and illustrates them with a range of military examples, both contemporary and historical. Among the many links explored lies the undeniable fact that fighting and finance are often both driven by the same basic human motives, fear and greed.

'Military Economics' draws on technical literature to provide an accessible introduction to: security, military expenditures, the arms industry, military operations and the economic consequences of defence spending. It raises current debates about the optimal size of the defence budget and examines how it is used to acquire forces, troops and weapons. The book examines how these forces are used to provide maximum military capability, and the potential to prevail in combat. Economic issues are central to the preparation for war, which involves balancing resources and commitments. By exploring the interaction between the military and economy, power and money, Ron Smith provides an insightful contribution to military planning, which becomes essential to the modern world. This book will be indispensable reading for all interested in defence economics, war studies and peace studies.

Industry Reviews

'The mathematical and statistical language of defence and peace economics has long been incomprehensible to many students of security and the military. In Military Economics, Britain's leading defence economist resolves this with an accessible synthesis of the technical literature and provides an authoritative survey of the key interactions between military power and money. This book is essential reading for academics and practitioners interested in relationships between the military dimensions of economics and conflict.' - Professor Matt Uttley, King's College London, UK

'This outstanding book makes an original contribution to the economic analysis of the military sector. The author uses his extensive knowledge of the field to present a highly readable, non-technical and scholarly treatment of why money matters to the military. This is a classic text in applied economics.' - Keith Hartley, University of York, UK

'This is an excellent and long needed book on the complex and important issues of military economics. It is comprehensive, accessible, well written and incisive, and will become an essential reference for professionals, politicians, activists, academics and students as well as the informed lay person. A real tour de force by an academic at the peak of his powers.' - J Paul Dunne, Professor of Economics, The British University, Egypt and UWE, Bristol

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

Orders over $79.00 qualify for free shipping.

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

You Can Find This Book In

Non-Fiction Economics Political Economy Economic History Reference, Information & Interdisciplinary Subjects Interdisciplinary Studies Development Studies Warfare & Defence Military Administration Military & Defence Strategy Other Warfare & Defence Issues Arms Trade

War & Defence Operations Peacekeeping Operations Theory of Warfare & Military Science Peace Studies & Conflict Resolution Industry & Industrial Studies

List of Figures and Tables	p. vii
Preface	p. viii
Introduction	p. 1
Economics	p. 3
The military	p. 8
Values	p. 9
Facts	p. 11
Theories	p. 14
Outline	p. 17
Power and Money	p. 19
Producing security	p. 24
Militarism	p. 28
Economic concepts	p. 30
Uncertainty	p. 38
Economic-security interactions	p. 46
Security: Are We Safe?	p. 54
National security	p. 61
Global security	p. 65
War	p. 71
Oil	p. 80
Arms races and arms control	p. 84
Military Spending: How Much Is Enough?	p. 88
Military budgets	p. 89
Motives for arming	p. 95
Economic functions of the defence budget and US military spending	p. 99
Hard choices: UK and France	p. 102
An arms race: India and Pakistan	p. 107
Military prices	p. 111
Military accounts and balance sheets	p. 113
Force Acquisition I, Demand: The Biggest Bang for a Buck?	p. 118
Labour	p. 119
Weapons procurement	p. 123
Technology	p. 132
Force Acquisition II, Supply: Merchants of Death?	p. 138
The arms industry: DIB or MIC?	p. 139
The arms trade	p. 143
Military Capability: How to Win?	p. 149
Force employment	p. 149
Morale	p. 152
Logistics	p. 153
Peacekeeping	p. 155
Economic Choices: Swords or Plowshares?	p. 159
Budget constraints	p. 160
Economic effects	p. 164
echnological spin-off	p. 165
Economic warfare	p. 168
Understanding Military Economics	p. 172
Acknowledgements	p. 179
Abbreviations	p. 180
References	p. 182
Index	p. 188
Table of Contents provided by Ingram. All Rights Reserved.

Military Economics

The Interaction of Power and Money

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

More in Economics

Enshittification

Why Everything Suddenly Got Worse and What To Do About It

1929

The Inside Story of The Greatest Crash in Wall Street History

The Bitcoin Standard

The Decentralized Alternative to Central Banking

Breakneck

China's Quest to Engineer the Future

Radical Abundance

How to Win a Green Democratic Future

Choose Wisely

Rationality, Ethics, and the Art of Decision-Making

The AI Con

How To Fight Big Tech's Hype and Create the Future We Want

Mean Streak

A moral vacuum, a dodgy debt generator and a multi-billion-dollar government shake down - the powerful story of robodebt, WINNER of th

The Culture Code

The Secrets of Highly Successful Groups

Creature from Jekyll Island

A Second Look at the Federal Reserve

A History of Central Banking and the Enslavement of Mankind

Psycho-Cybernetics (Updated and Expanded)

Psycho-cybernetics

The World According to Star Wars

Femonomics

The Life-Changing, Data-Driven Guide to Making Better Choices at Home and at Work

Factfulness

Ten Reasons We're Wrong About The World - And Why Things Are Better Than You Think

The World for Sale

Money, Power and the Traders Who Barter the Earth's Resources

Happiness Works

The Science of Thriving at Work

Capitalism Created the Climate Crisis and Capitalism Will Solve It

The Market Forces Catalyzing a Climate Technology Renaissance

Roadkill

Unveiling the True Cost of Our Toxic Relationship with Cars

Traction

Get a Grip on Your Business

Skin in the Game

Hidden Asymmetries in Daily Life

Capitalism and Freedom

Emersion: Emergent Village resources for communities of faith

Less is More

How Degrowth Will Save the World

Disrupt Everything

This product is categorised by