In addition to federal firearms legislation applicable to all firearms manufacturers operating in the United States, each of the 50 U.S. states has its own state, and sometimes additional municipal, firearms laws. Conceivably, the relative strictness or laxity of these laws influences location...

The article discusses, first, systems control theory, which tells us how a self-regulating system, for example of social and political peace, should work. Second, it considers the theory of imperfect markets, which tells us just why peace and security frequently fail to be obtained. Third, it...

The article reviews Vernon Ruttan's new book, Is War Necessary for Economic Growth? Military Procurement and Technological Development. (Oxford University Press, 2006). The subject matter is limited to the post-World War II United States only. Studying six general-purpose technologies emerging...

This second issue of The EPS Journal takes up the theme of economic aspects of peacemaking and peacekeeping. Economics Nobel-Laureate Lawrence R. Klein reviews the arguments for, and the likely cost of, a standing United Nations peacekeeping force. Lloyd J. Dumas argues that minimizing economic...

The article establishes methods by which to estimate demand and supply in the commercial firearms market in the United States. For the first time, this includes the number of used firearms resold via federally licensed retailers. For 2010, for example, total unit sales are estimated at 9.8...

This piece introduces the new journal. This issue - Conflict or Development? - has a regional focus on Africa. Joseph Stiglitz discusses the role of information in conflict and draws a fascinating analogy between civil strife and a labor strike. Paul Collier and Neil Cooper take different...

To develop effective policy to reduce the proliferation of illicit small arms in developing countries, it is necessary to have a good understanding of how these weapons are distributed and how illicit stockpiles are formed. This article captures structural characteristics of small-arms...

It is thought that one of the affected industries of the 9/11 terror event was the global airline industry through the attack's effects on global air traffic demand for international, scheduled flights. Using data from the International Civil Aviation Organization, this article considers whether...