"This paper measures the effects of the risks associated with the war in Iraq on various U.S. financial variables using a heteroskedasticity-based estimation technique. The results indicate that increases in what we call the "war risk" factor caused declines in Treasury yields and equity prices,...

Do commercial interests favor peace? Or, does war bring profits to select industries? Such questions are critical to a variety of theories about interstate and intrastate war. At the same time, a large literature contends that economic considerations are an important determinant of voting and...

This paper proposes a model for explaining shifts and variations in US grand strategy. The model is based on a distinction between four ideal-type grand strategies or approaches to security according to the objectives and means of security policy: defensive and offensive realism, and defensive...

The economic and social impacts of U.S. open immigration policy between the Civil War and World War I fall into four board categories. Jenks and Lauck contend that the social assimilation costs of open immigration from Southern and Eastern Europe outweigh any economic benefits of immigration....