The indirect effects of military spending on security are stronger and more important than its direct effects, and its long run impact more telling than its short run impact. In the short run, military spending can be a source of both physical security and economic stimulus. In the long run, it...

Cover -- Contents -- Preface -- Acknowledgments -- PART ONE: A NEW PARADIGM FOR ACHIEVING NATIONAL AND INTERNATIONAL SECURITY -- 1 The Hopeful Science -- 2 Laying the Foundations -- 3 The Core Principles of Economic Peacekeeping -- 4 Making It Happen: Building a Peacekeeping Economy in the "Real...

"The crisis that nearly brought the world's financial house down in 2008 demonstrated clearly and powerfully that the global economy cannot work well where there is widespread deception based in deep-seated corruption and lack of accountability. Corruption and lack of accountability are also key...

The greatest contribution that economics can make to banishing war lies in creating conditions that help keep the peace, especially in the long run. The problem is to identify the set of conditions that will generate positive incentives for nations to keep the peace and work out a set of...