Introduction: The Fundamental Economic Problem of the Military

Marcus Matthias Keupp ()
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Marcus Matthias Keupp: Military Academy

Chapter Chapter 1 in Defense Economics, 2021, pp 1-21 from Springer

Abstract: 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.

Date: 2021
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DOI: 10.1007/978-3-030-73815-0_1

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