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Arms, Politics, and the Economy: Historical and Contemporary Perspectives
 
 
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Arms, Politics, and the Economy: Historical and Contemporary Perspectives (Hardcover)

~ (Editor), William A. Niskanen (Foreword) "Dwight D. Eisenhower knew some history..." (more)
Key Phrases: base closure account, parochial imperative, ribbon defense commissions, New York, United States, Department of Defense (more...)
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Editorial Reviews

Review

Filling a void in the literature, this book is beneficial reading for experts and non-experts alike -- Zbigniew Brezezinski, former National Security Advisor

This book of original scholarship exposes the ideological origins of socialist efforts at central planning and confirms that there is no alternative to the market for a modern economy -- Oleg Bogomolov, former director, Institute of Economics of the World Socialist System, USSR Academy of Sciences

Unlike any other book, this book provides the intellectual bridge between our past and future -- Yuri B. Kochevrin, member, Economic Institute, Russian Academy of Sciences


Product Description

The U. S. Department of Defense is actually one of the world's largest planned economies. Like all planned economies, it has gross inefficiencies. This book is a penetrating analysis of the military-industrial-Congressional complex, and offers new insights into how meaningful reform can be achieved.

Prior to World War II, the United States maintained insignificant military forces and weapons manufacturing industries during peace. But the weapons industry that has grown since the end of World War II inhabits an ill-defined zone between genuine private enterprise and complete government planning. Does this unprecedented military-industrial-congressional complex efficiently serve the public's interest in national security?

In this book, eleven contributing scholars analyze such questions as whether overall military spending is too high or too low, why the military procurement system remains impervious to reform, and how special interests exploit the system.

This book does not leave readers with simple solutions; depoliticizing defense spending and eliminating military procurement mismanagement will not be easy. But this book does lay the foundation of understanding to help necessary reforms take place.


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Robert Higgs
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