This Element surveys the field of defense, peace, and war economics with particular emphasis on the contributions made … by Austrian economists. I first review treatments of defense, peace, and war by the classical economists. I then discuss … the rise of a distinct and systematic defense, peace, and war economics field of study starting in the 1960s. Next, I …

theoretical, examining the mechanisms that lead to war or are more conducive to peace. …This handbook brings together contributions from leading scholars who take an economic perspective to study peace and …

Contents: Preface -- 1. War is a racket: in memory of Smedley Butler -- 2. The causes of war -- 3. War versus peace …: the outcome of a binary process -- 4. Imperialism as an enterprise -- 5. Wars of aggression and false flags -- 6. War … profiteering, the military-industrial complex and the deep state -- 7. A taxonomy of war profiteers -- 8. Banks as war profiteers …