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Power and Money

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Military Economics

Abstract

This chapter reviews the overlap between the economic and strategic spheres, introduces some economic concepts and illustrates how they can be used to illuminate military issues. Military and economic calculations involve inherent uncertainty so it discusses how to analyse uncertainty. Finally, it considers some examples of economic-security interactions.

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© 2009 Ron Smith

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Smith, R. (2009). Power and Money. In: Military Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9780230244672_2

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