The Political Economy of the Arms Race


Book Description

Written by the author of "The Political Economy of Soviet Defence Spending" and co-author of "The Growth of the British Economy", this book looks at the international dimension, the American and the Soviet defence economy, the NATO alliance, the Warsaw Pact and the international arms trade.




The Political Economy of Defence


Book Description

A contemporary and comprehensive analysis of national and supranational defence governance in an uncertain and increasingly dangerous world. This book will appeal to policymakers, analysts, graduate students and academics interested in defence economics, political economy, public economics and public policy.




History of International Relations Theory


Book Description

Torbjorn L. Knutsen introduces ideas on international relations expressed by thinkers from the High Middle Ages to the present day and traces the development of four ever-present themes: war, peace, wealth and power. The book counters the view that international relations has no theoretical tradition and shows that scholars, soldiers and statesmen have been speculating about the subject for the last 700 years. Beginning with the roots of the state and the concept of sovereignty in the Middle Ages, the author draws upon the insights of outstanding political thinkers - from Machiavelli and Hobbes to Hegel, Rousseau, and Marx and contemporary thinkers such as Woodrow Wilson, Lenin, Morgenthau and Walt - who profoundly influenced the emergence of a discrete discipline of International Relations in the twentieth century. Fully revised and updated, the final section embraces more recent approaches to the study of international relations, most notably postmodernism and ecologism.




Economic Analysis of Markets and Games


Book Description

These original essays focus on a wide range of topics related to Frank Hahn'sdistinguished work in economics. Ranging from market analysis and game theory to the microeconomicfoundations of macroeconomics and from equilibrium and optimality with missing markets to economicsand society, they reflect the diversity of modem research in economic theory. What distinguishesHahn's work and many of the essays in this book is that the motivation often comes from practicalconcerns about unemployment, savings and investment, poverty, or the stability of markets.The essaysin Part I deal with the microeconomic foundations of macroeconomics - a field in which Hahn has madeimportant contributions, most notably in the theory of monetary economics. Topics include anevaluation of Hahn's contribution to the theory of distribution and such macroeconomic themes ascoordination failure, multiple equilibria, and strategic issues.Part II contains recentcontributions to game theory reflecting Hahn's interest in the question of what is rationalbehavior. The essays in Part III concentrate on general-equilibrium theory with missing markets, afield in which Hahn has made major advances. Although the essays address a different set of issues,they share with Hahn's works such themes as market failure, indeterminacy of equilibrium, and therole of money.Partha Dasgupta is Professor of Economics at Cambridge University. Douglas Gale isProfessor of Economics at Boston University. Oliver Hart is Professor of Economics at theMassachusetts Institute of Technology. Eric Maskin is Professor of Economics at HarvardUniversity.




Plowshares Into Swords


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State of War


Book Description

In his farewell speech, President Dwight Eisenhower famously warned us of the dangers of a military-industrial complex (MIC). In Paul Koistinen's sobering new book, that warning appears to have been both prophetic and largely ignored. As the final volume in his magisterial study of the political economy of American warfare, State of War describes the bipolar world that developed from the rivalry between the U.S. and USSR, showing how seventy years of defense spending have bred a monster that has sunk its claws into the very fabric of American life. Koistinen underscores how during the second half of the twentieth century and well into the twenty-first, the United States for the first time in its history began to maintain large military structures during peacetime. Many factors led to that result: the American economy stood practically alone in a war-ravaged world; the federal government, especially executive authority, was at the pinnacle of its powers; the military accumulated unprecedented influence over national security; and weaponry became much more sophisticated following World War II. Koistinen describes how the rise of the MIC was preceded by a gradual process of institutional adaptation and then supported and reinforced by the willing participation of Big Science and its industrial partners, the broader academic world, and a proliferation of think tanks. He also evaluates the effects of ongoing defense budgets within the context of the nation's economy since the 1950s. Over time, the MIC effectively blocked efforts to reduce expenditures, control the arms race, improve relations with adversaries, or adopt more enlightened policies toward the developing world-all the while manipulating the public on behalf of national security to sustain the warfare state. Now twenty years after the Soviet Union's demise, defense budgets are higher than at any time during the Cold War. As Koistinen observes, more than six decades of militaristic mobilization for stabilizing a turbulent world have firmly entrenched the state of war as a state of mind for our nation. Collectively, his five-volume opus provides an unparalleled analysis of the economics of America's wars from the colonial period to the present, illuminating its impact upon the nation's military campaigns, foreign policy, and domestic life.




Arsenals of Folly


Book Description

Pulitzer Prize-winning author Richard Rhodes delivers a riveting account of the nuclear arms race and the Cold War. In the Reagan-Gorbachev era, the United States and the Soviet Union came within minutes of nuclear war, until Gorbachev boldly launched a campaign to eliminate nuclear weapons, setting the stage for the 1986 Reykjavik summit and the incredible events that followed. In this thrilling, authoritative narrative, Richard Rhodes draws on personal interviews with both Soviet and U.S. participants and a wealth of new documentation to unravel the compelling, shocking story behind this monumental time in human history—its beginnings, its nearly chilling consequences, and its effects on global politics today.




The Opportunity


Book Description

For some observers, nuclear arms control is either a relic of the cold war, or a utopian dream about a denuclearized planet decades in the future. But, as Brookings scholars Steven Pifer and Michael O'Hanlon argue in The Opportunity, arms control can address some key security challenges facing Washington today and enhance both American and global security. Pifer and O'Hanlon make a compelling case for further arms control measures—to reduce the nuclear threat to the United States and its allies, to strengthen strategic stability, to promote greater transparency regarding secretive nuclear arsenals, to create the possibility for significant defense budget savings, to bolster American credibility in the fight to curb nuclear proliferation, and to build a stronger and more sustainable U.S.-Russia relationship. President Obama gave priority to nuclear arms control early in his first term and, by all accounts, would like to be transformational on these questions. Can there be another major U.S.-Russia arms treaty? Can the tactical and surplus strategic nuclear warheads that have so far escaped controls be brought into such a framework? Can a modus vivendi be reached between the two countries on missile defense? And what of multilateral accords on nuclear testing and production of fissile materials for nuclear weapons? Pifer and O'Hanlon concisely frame the issues, the background, and the choices facing the president; provide practical policy recommendations, and put it all in clear and readable prose that will be easily understood by the layman.







Winning and Losing the Nuclear Peace


Book Description

The definitive guide to the history of nuclear arms control by a wise eavesdropper and masterful storyteller, Michael Krepon. The greatest unacknowledged diplomatic achievement of the Cold War was the absence of mushroom clouds. Deterrence alone was too dangerous to succeed; it needed arms control to prevent nuclear warfare. So, U.S. and Soviet leaders ventured into the unknown to devise guardrails for nuclear arms control and to treat the Bomb differently than other weapons. Against the odds, they succeeded. Nuclear weapons have not been used in warfare for three quarters of a century. This book is the first in-depth history of how the nuclear peace was won by complementing deterrence with reassurance, and then jeopardized by discarding arms control after the Cold War ended. Winning and Losing the Nuclear Peace tells a remarkable story of high-wire acts of diplomacy, close calls, dogged persistence, and extraordinary success. Michael Krepon brings to life the pitched battles between arms controllers and advocates of nuclear deterrence, the ironic twists and unexpected outcomes from Truman to Trump. What began with a ban on atmospheric testing and a nonproliferation treaty reached its apogee with treaties that mandated deep cuts and corralled "loose nukes" after the Soviet Union imploded. After the Cold War ended, much of this diplomatic accomplishment was cast aside in favor of freedom of action. The nuclear peace is now imperiled by no less than four nuclear-armed rivalries. Arms control needs to be revived and reimagined for Russia and China to prevent nuclear warfare. New guardrails have to be erected. Winning and Losing the Nuclear Peace is an engaging account of how the practice of arms control was built from scratch, how it was torn down, and how it can be rebuilt.