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Collective security was a key principle underpinning the League of Nations and the United Nations. [1] Collective security is more ambitious than systems of alliance security or collective defense in that it seeks to encompass the totality of states within a region or indeed globally.
The right of self-defense (also called, when it applies to the defense of another, alter ego defense, defense of others, defense of a third person) is the right for people to use reasonable or defensive force, for the purpose of defending one's own life (self-defense) or the lives of others, including, in certain circumstances, the use of ...
The economics of defense or defense economics is a subfield of economics, an application of the economic theory to the issues of military defense. [1] It is a relatively new field. An early specialized work in the field is the RAND Corporation report The Economics of Defense in the Nuclear Age by Charles J. Hitch and Roland McKean ( [2] 1960 ...
On the other hand, Mearsheimer and other offensive realists argue that anarchy encourages all states to always increase their own power because one state can never be sure of other states' intentions. [15] In other words, defensive realism contends that security can be balanced in some cases and that the security dilemma is escapable.
Economic freedom, or economic liberty, refers to the agency of people to make economic decisions. This is a term used in economic and policy debates as well as in the philosophy of economics . [ 1 ] [ 2 ] One approach to economic freedom comes from the liberal tradition emphasizing free markets , free trade , and private property .
[1] An equivalent was earlier stated in France's Declaration of the Rights of Man and of the Citizen of 1789 as, "Liberty consists in the freedom to do everything which injures no one else; hence the exercise of the natural rights of each man has no limits except those which assure to the other members of the society the enjoyment of the same ...
Chapter 1, "The Lesson", explains that economics is a field filled with fallacies because of the difficulties inherent in the subject and the special pleading of selfish interests. [3] Every group has economic interests antagonistic to other groups.
Military Keynesianism is an economic policy based on the position that government should raise military spending to boost economic growth.It is a fiscal stimulus policy as advocated by John Maynard Keynes.