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Economists often model national defense as a pure public good optimally provided by a benevolent and omnipotent … "defense brain" to maximize social welfare. I critically consider five assumptions associated with this view: (1) that defense … and security is a pure public good that must be provided by a national government, (2) that state-provided defense is …
Persistent link: https://www.econbiz.de/10013032783
Despite severe concerns by members of his own military top brass and security circles, on 14 April, 2021, US President Joe Biden announced the unconditional withdrawal of all combat troops by 11 September of the same year. The US does not only thereby relinquish the opportunity to conduct...
Persistent link: https://www.econbiz.de/10013324247
In 1500, Europe was composed of hundreds of statelets and principalities, with weak central authority, no monopoly over the legitimate use of violence, and overlapping jurisdictions. By 1800, only a handful of powerful, centralized nation states remained. We build a model that explains both the...
Persistent link: https://www.econbiz.de/10009372107
Civilian control of the armed forces is a sine qua non for democratic consolidation. In Pakistan, since its existence, the military played an eminent role in all spheres of socio-economic and political life. In this context it is stated by several analysts that the soldiers are mainly...
Persistent link: https://www.econbiz.de/10012983126
“A House of Cards Falls: Why ‘Too Big to Debar’ is All Slogan and Little Substance” is a critical response to the article, "FCPA Sanctions: Too Big to Debar" by Drury D. Stevenson and Nicholas J. Wagoner, which aptly demonstrates a common, yet fundamentally flawed understanding of the...
Persistent link: https://www.econbiz.de/10014174134
Foreign Corrupt Practices Act (FCPA) enforcement activity is currently at its highest level since enactment of the statute in 1977. There were more enforcement actions brought in 2007 than in the years from 2004 to 2006 combined. The message is clear - the U.S. Government is committed to FCPA...
Persistent link: https://www.econbiz.de/10014177924
security threats. From President Washington and his policy of neutrality during the wars between Great Britain and France in … wars, to President Roosevelt and war of the Greatest Generation, to President Truman and his steel during the forgotten war …
Persistent link: https://www.econbiz.de/10014181219
The federal government is headed toward a financial crisis as a result of chronic overspending, large deficits, and huge future cost increases in Social Security and Medicare. Social Security and Medicare would be big fiscal challenges even if the rest of the government were lean and efficient,...
Persistent link: https://www.econbiz.de/10014204619
The U.S. Suspension & Debarment regime is designed to ensure that the federal government does business only with “responsible” partners. One of the most fundamentally (and frequently) misunderstood aspects of the FAR 9.4 suspension & debarment system is that these tools are only to be used...
Persistent link: https://www.econbiz.de/10014154425
This paper analyzes how foreign interventions can result in a broadening of government powers and a concurrent reduction of citizens’ liberties and freedoms domestically. We develop an analytical framework to examine the effects of coercive foreign interventions on the scope of domestic...
Persistent link: https://www.econbiz.de/10014147543