COWLES FOUNDATION FOR RESEARCH IN ECONOMICS
AT YALE UNIVERSITY

Box 208281
New Haven, CT 06520-8281

COWLES FOUNDATION DISCUSSION PAPER NO. 789

"Defense Economics and Economic Warfare Revisited"

Martin Shubik and J. Hoult Verkerke

April 1986

In this paper we paint with a broad brush. Our purpose is to present an overview, a status report, and by implication, an indication of what needs to be done at this time. We first provide a survey of topics in the economics of defense and in economic warfare, then we comment on some naval aspects of these topics.

JEL Classification: 114

Keywords: Economics of defense, economic warfare