Military-industrial complex

Christopher J. Coyne and Nathan P. Goodman

Chapter 64 in Elgar Encyclopedia of Public Choice, 2025, pp 447-453 from Edward Elgar Publishing

Abstract: This chapter explores the military-industrial complex, which refers to the relationship between private defense contractors and public officials. The chapter discusses the origins of the military-industrial complex and how public choice insights illuminate the relationship between private and public actors. The conclusion discusses some implications of the public choice analysis of the military-industrial complex.

Keywords: Asymmetric information; Military-industrial complex; Rent-extraction; Rent-seeking; Revolving door (search for similar items in EconPapers)
Date: 2025
ISBN: 9781802207743
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