By Ron Smith
ISBN-10: 023024467X
ISBN-13: 9780230244672
ISBN-10: 0230337171
ISBN-13: 9780230337176
Military strength should be financed and monetary improvement is frequently formed by way of army clash, therefore the interplay of army and financial system, energy and cash is critical to the fashionable international. This booklet presents an available advent to the economics of using prepared strength, with quite a lot of old and present examples.
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Extra info for Military Economics: The Interaction of Power and Money
Sample text
France could have constructed another Maginot Line to protect itself, as it did between the World Wars. Instead France tried to create such economic interdependence that war would be impossible. This was initially done through the Iron and Steel Community and subsequently through the Common Market and the EU. However, to be on the safe side, during the Cold War, France did keep some of its nuclear missiles targeted on Germany. In principle, this input–output structure provides a way of determining the defence budget by thinking forward, deciding where you want to be, and reasoning back, deciding how to get there.
To see why that is the case, follow one of Gigerenzer’s suggestions and work with numbers rather than percentages. Suppose the agency has 100,000 employees, the opposition has recruited 1 per cent of them: 1000 employees are agents. Of those 1000 agents screening will identify 99 per cent of them correctly, 990 suspects. However, of the 99,000 loyal employees, screening will also wrongly identify 1 per cent of them as suspects, another 990 people; the same as the number of actual agents identified.
Conversely society may also be influenced by the military. The term militarism is usually used to describe the adoption of military values and symbols by the wider society. The military influence might involve an emphasis on an external or internal threat, justifying military expenditures and large arms industry; bellicose foreign policies and repressive internal security measures; the widespread use of uniforms and military ceremonial and procedures; or government by the military. The range of these examples Power and Money 29 indicates that militarism is not a single phenomenon, but describes various ways the military can influence society.
Military Economics: The Interaction of Power and Money by Ron Smith
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