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Guns and Butter examines the causes and consequences of war from a political economy perspective, taking as its premise … offers deeper insights into war and peace choices than the standard state-centric approach. Their contributions offer both … chapters: war as an equilibrium phenomenon rather than an exogenous process; the interaction of politics, economics, and …
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War, whether external or internal, large or small, is a costly endeavor. Loss of life, loss of close friends or family …, and the destruction of material possessions all play a part in the costs of war. The purpose of this paper is to capture …
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We augment the canonical neoclassical model of trade to allow for interstate disputes over land, oil, water, or other resources. The costs of such disputes in terms of arming depend on the trade regime in place. Under either autarky or free trade, the larger country (in terms of factor...
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