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The Economic Consequences of the Peace (1919) is a book written and published by the British economist John Maynard Keynes. [1] After the First World War, Keynes attended the Paris Peace Conference of 1919 as a delegate of the British Treasury. At the conference as a representative of the British Treasury and deputy to the Chancellor of the ...
The Division of Economics and History of the Carnegie Endowment for International Peace (founded 1910) was a part of the Carnegie Endowment for International Peace responsible for the scientific study of the effects of war upon modern life.
War usually leads to a shortage in the supply of commodities, which results in higher prices and higher revenues. Regarding supply and demand in terms of economics, profit is the most important end. During war time, "war-stuff" [15] is in high demand, and demands must be met.
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 ...
In the 1999 book Turbo-Capitalism: Winners and Losers in the Global Economy Luttwak predicted that dynamic economic growth would increase ugly social phenomena such as higher crime rates and job insecurity, as anticipated in his London Review of Books article "Why Fascism is the Wave of the Future". [18]
Economy of force is one of the nine Principles of War, based upon Carl von Clausewitz's approach to warfare. It is the principle of employing all available combat power in the most effective way possible, in an attempt to allocate a minimum of essential combat power to any secondary efforts.
Taxes on economic rents (excess profits) are considered efficient because they theoretically do not impact the decision to invest. This is based on the idea that as long as the tax is levied only on returns that exceed the normal return required to justify an investment, it doesn't affect the baseline profitability that motivates the investment ...
War is often used as a last-ditch effort to prevent deteriorating economic conditions or currency crises, particularly by expanding services and employment in the military and by simultaneously depopulating segments of the population to free up resources and restore the economic and social order. A temporary war economy can also be seen as a ...