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.

part |2 pages

PART II The Political Economy of Military Spending and Military Action

part |2 pages

PART IV Issues in Defense Spending