Power and Plenty

2009-08-10 Business & Economics

Author : Ronald Findlay
Release : 2009-08-10
Genre : Business & Economics
Kind : eBook
Book Rating : 881/5 ( reviews)

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Book Synopsis Power and Plenty by : Ronald Findlay

Download or read book Power and Plenty written by Ronald Findlay. This book was released on 2009-08-10. Available in PDF, EPUB and Kindle. Book excerpt: International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. Power and Plenty fills this gap, providing the first full account of world trade and development over the course of the last millennium. Ronald Findlay and Kevin O'Rourke examine the successive waves of globalization and "deglobalization" that have occurred during the past thousand years, looking closely at the technological and political causes behind these long-term trends. They show how the expansion and contraction of the world economy has been directly tied to the two-way interplay of trade and geopolitics, and how war and peace have been critical determinants of international trade over the very long run. The story they tell is sweeping in scope, one that links the emergence of the Western economies with economic and political developments throughout Eurasia centuries ago. Drawing extensively upon empirical evidence and informing their systematic analysis with insights from contemporary economic theory, Findlay and O'Rourke demonstrate the close interrelationships of trade and warfare, the mutual interdependence of the world's different regions, and the crucial role these factors have played in explaining modern economic growth. Power and Plenty is a must-read for anyone seeking to understand the origins of today's international economy, the forces that continue to shape it, and the economic and political challenges confronting policymakers in the twenty-first century.

The Worth of War

2014-09-02 Social Science

Author : Benjamin Ginsberg
Release : 2014-09-02
Genre : Social Science
Kind : eBook
Book Rating : 515/5 ( reviews)

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Book Synopsis The Worth of War by : Benjamin Ginsberg

Download or read book The Worth of War written by Benjamin Ginsberg. This book was released on 2014-09-02. Available in PDF, EPUB and Kindle. Book excerpt: Although war is terrible and brutal, history shows that it has been a great driver of human progress. So argues political scientist Benjamin Ginsberg in this incisive, well-researched study of the benefits to civilization derived from armed conflict. Ginsberg makes a convincing case that war selects for and promotes certain features of societies that are generally held to represent progress. These include rationality, technological and economic development, and liberal forms of government. Contrary to common perceptions that war is the height of irrationality, Ginsberg persuasively demonstrates that in fact it is the ultimate test of rationality. He points out that those societies best able to assess threats from enemies rationally and objectively are usually the survivors of warfare. History also clearly reveals the technological benefits that result from war—ranging from the sundial to nuclear power. And in regard to economics, preparation for war often spurs on economic development; by the same token, nations with economic clout in peacetime usually have a huge advantage in times of war. Finally, war and the threat of war have encouraged governments to become more congenial to the needs and wants of their citizens because of the increasing reliance of governments on their citizens’ full cooperation in times of war. However deplorable the realities of war are, the many fascinating examples and astute analysis in this thought-provoking book will make readers reconsider the unmistakable connection between war and progress.

Is War Necessary for Economic Growth?

2006-01-05 Business & Economics

Author : Vernon W. Ruttan
Release : 2006-01-05
Genre : Business & Economics
Kind : eBook
Book Rating : 652/5 ( reviews)

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Book Synopsis Is War Necessary for Economic Growth? by : Vernon W. Ruttan

Download or read book Is War Necessary for Economic Growth? written by Vernon W. Ruttan. This book was released on 2006-01-05. Available in PDF, EPUB and Kindle. Book excerpt: Military and defense-related procurement has been an important source of technology development across a broad spectrum of industries that account for an important share of United States industrial production. In this book, the author focuses on six general-purpose technologies: interchangeable parts and mass production; military and commercial aircraft; nuclear energy and electric power; computers and semiconductors; the INTERNET; and the space industries. In each of these industries, technology development would have occurred more slowly, and in some case much more slowly or not at all, in the absence of military and defense-related procurement. The book addresses three questions that have significant implications for the future growth of the United States economy. One is whether changes in the structure of the United States economy and of the defense-industrial base preclude military and defense-related procurement from playing the role in the development of advanced technology in the future, comparable to the role it has played in the past. A second question is whether public support for commercially oriented research and development will become an important source of new general-purpose technologies. A third and more disturbing question is whether a major war, or the threat of major war, will be necessary to mobilize the scientific, technical, and financial resources necessary to induce the development of new general-purpose technologies. When the history of United States technology development in the next half century is written, it will focus on incremental rather than revolutionary changes in both military and commercial technology. It will also be written within the context of slower productivity growth than of the relatively high rates that prevailed in the United States in the 1950s and 1960s or during the information technology bubble that began in the early 1990s. These will impose severe constraints on the capacity of the United States to sustain a global-class military posture and a position of leadership in the global economy.

The Economics of World War I

2005-09-29 History

Author : Stephen Broadberry
Release : 2005-09-29
Genre : History
Kind : eBook
Book Rating : 358/5 ( reviews)

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Book Synopsis The Economics of World War I by : Stephen Broadberry

Download or read book The Economics of World War I written by Stephen Broadberry. This book was released on 2005-09-29. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

Economic Interdependence and War

2014-11-02 Political Science

Author : Dale C. Copeland
Release : 2014-11-02
Genre : Political Science
Kind : eBook
Book Rating : 593/5 ( reviews)

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Book Synopsis Economic Interdependence and War by : Dale C. Copeland

Download or read book Economic Interdependence and War written by Dale C. Copeland. This book was released on 2014-11-02. Available in PDF, EPUB and Kindle. Book excerpt: Does growing economic interdependence among great powers increase or decrease the chance of conflict and war? Liberals argue that the benefits of trade give states an incentive to stay peaceful. Realists contend that trade compels states to struggle for vital raw materials and markets. Moving beyond the stale liberal-realist debate, Economic Interdependence and War lays out a dynamic theory of expectations that shows under what specific conditions interstate commerce will reduce or heighten the risk of conflict between nations. Taking a broad look at cases spanning two centuries, from the Napoleonic and Crimean wars to the more recent Cold War crises, Dale Copeland demonstrates that when leaders have positive expectations of the future trade environment, they want to remain at peace in order to secure the economic benefits that enhance long-term power. When, however, these expectations turn negative, leaders are likely to fear a loss of access to raw materials and markets, giving them more incentive to initiate crises to protect their commercial interests. The theory of trade expectations holds important implications for the understanding of Sino-American relations since 1985 and for the direction these relations will likely take over the next two decades. Economic Interdependence and War offers sweeping new insights into historical and contemporary global politics and the actual nature of democratic versus economic peace.

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