NGO's with an interest in peace and development in Africa documented the role of diamonds in conflict while soci scientists were researching and modeling the role of natural resources in long-standing violent conflicts. Journalists described what was happening on the ground. The United Nations...

Using tests of a single equation model and cointegration techniques, this paper finds no evidence of a long run trade-off, and some evidence of a short-run trade-off, between military spending and investment in post-World War II United States data. The short-run trade-off is confined to the...

In a multiple testing setting, the investigator is faced with choosing a method for controlling the Type I error rate. In this manuscript, we derive and compare the exact distribution for the number of false positives under a commonly used distribution. The results from this work can be extended...

NGO's with an interest in peace and development in Africa documented the role of diamonds in conflict while soci scientists were researching and modeling the role of natural resources in long-standing violent conflicts. Journalists described what was happening on the ground. The United Nations...

For much of the post-World War II era, defense spending as a proportion of the total economy was even higher than it is today. For this reason, some defense analysts say we can afford to raise spending. This economist says we can't ignore the costs.

In October of 2003, then Defense Secretary Donald Rumsfeld wrote a memo to his top advisers asking how we would know whether the US was winning the Global War on Terror. This question may have been mis-timed but it was perfectly appropriate. In this paper, I use the framework of cost-benefit...