Is War Necessary for Economic Growth?: Military Procurement and Technology Development New Edition

Is War Necessary for Economic Growth?: Military Procurement and Technology Development New Edition book cover

Is War Necessary for Economic Growth?: Military Procurement and Technology Development New Edition

Author(s): Vernon W. Ruttan (Author)

  • Publisher: Oxford University Press
  • Publication Date: 5 Jan. 2006
  • Edition: New
  • Language: English
  • Print length: 232 pages
  • ISBN-10: 0195188047
  • ISBN-13: 9780195188042

Book Description

Military and defence related procurement has been an important source of technology development across a broad spectrum of industries that account for an important share of United States industrial production. Changes in the structure of the defence industries and of the U.S. industrial economy make it unlikely that military and defence related procurement would again become an important source of revolutionary new technologies in the absence of a majorwar.

Editorial Reviews

Review

"We owe Ruttan a debt of gratitude for demonstrating yet again the importance of public sector support in the development of many major technologies."--Journal of Economic Literature

Review

Does military research and development create a higher public standard of living?

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