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

Christian Schmidt
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Christian Schmidt: Universite de Paris IX Dauphine and LESOD

Chapter 2 in Peace, Defence and Economic Analysis, 1987, pp 20-39 from Palgrave Macmillan

Abstract: 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.

Keywords: Public Good; Public Economic; General Perspective; Invisible Hand; Military Expenditure (search for similar items in EconPapers)
Date: 1987
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DOI: 10.1007/978-1-349-18898-7_2

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