The Economics of Military Spending

Contents

List of figures

List of tables

Foreword

Acknowledgements

List of abbreviations

 1 Introduction

A brief history of military expenditure

Strategic and economic motives for military expenditure

Economic effect of military expenditure

 2 Economic models of the military expenditure-growth nexus

Introduction

Economic models

The Feder-Ram model

Deger-Smith model

Augmented Solow-Swann growth model

Endogenous growth model

New macroeconomic model

Causality approach

Brief literature survey

 3 Military Keynesianism and the military-industrial complex

Introduction

Military Keynesianism and its effect

John Kenneth Galbraith on the military-industrial complex

Military-industrial complex today

 4 Marxist crisis theories

Introduction

Underconsumption/stagnation ...