This study investigates persistence (or hysteresis) in weapons using a panel of 163 countries for the period 2010 to 2015. The following are some main findings. (i) Compared to countries that are landlocked, persistence in heavy weapons is more apparent in nations that are open to the sea. (ii)...

What determines whether countries pursue and obtain armed drones? Using an original time-series dataset, we conduct the first comprehensive analysis of armed drone proliferation from 1994-2019. We theorize and find evidence that security threats––like terrorism––are not the only factors...

This article seeks to sketch the criminological underpinnings of the Second Amendment right to arms. Most agree with prohibiting possession of firearms by convicted felons, violent misdemeanants and the mentally unbalanced as our laws currently do. But an insistent and articulate minority argues...

The alarm raised by the jump in subprime mortgage defaults has deflected attention away from a serious problem that afflicts many homeowners with subprime and prime mortgages alike: a significant share of all outstanding mortgages have adjustable interest rates, and the majority of these will...

Scholars have estimated demand functions for national defense spending and investigated international arms trade for a long time. The relationship between supply and demand for military goods has, however, only been examined on aggregate level or in formal models yet. I investigate how the...