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The Political Economy of Military Spending in the United States

✍ Scribed by Alex Mintz


Publisher
Routledge
Year
1992
Tongue
English
Leaves
345
Category
Library

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✦ Synopsis


This is a timely collection of essays utilizing the political economy approach to military spending, primarily by the United States. The articles deal specifically with the relationships between defense spending and: (a) political-business cycles, public opinion and the US-Soviet relationship; (b) military action - i.e. war; (c) economic performance - the trade deficit, guns versus butter issues and fiscal policy.

✦ Table of Contents


Book Cover......Page 1
Title......Page 4
Contents......Page 5
Notes on the contributors page......Page 8
Introduction: Political Economy and National Security......Page 12
Elections, Business Cycles, and the Timing of Defense Contract Awards in the United States......Page 26
Do Leaders Make a Difference? Posture and Politics in the Defense Budget......Page 44
Too Little, but Not For Too Long: Public Attitudes on Defense Spending......Page 63
Risky Business: US Soviet Competition and Corporate Profits......Page 76
On the Domestic Political-Economic Sources of American Military Spending......Page 114
Military Buildup, War Escalation, and Business Confidence: Wall Street's Reaction to the Vietnam Conflict......Page 146
The Political Economy of Military Actions: The United States and Israel......Page 166
'Guns' vs 'Butter': A Disaggregated Analysis......Page 196
Guns, Butter, and Debt: Balancing Spending Tradeoffs between Defense, Social Programs, and Budget Deficits......Page 207
Defense Budgeting, Fiscal Policy, and Economic Performance......Page 228
Military Burden and Economic Hegemonic Decline: The Case of the United States......Page 249
Issues in Defense Spending: Plausibility and Choice in Soviet Estimates......Page 272
Expectations and the Dynamics of US Defense Budgets: A Critique of Organizational Reaction Models......Page 293
Conclusions: If the Times Are A'changing......Page 316
Appendix: The Political Economy of Defense Spending Data Set......Page 330
Index......Page 336


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