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Customer Review
Product Description
With the costs of war dominating our economic news and discussions, Paul Poast’s new text is a needed, relevant and thought-provoking new offering. Written in an extremely accessible manner, the book is an interesting addition to a course at any level. The book’s low price makes it a perfect complement to a Principles text, a Social Issues book, or any upper-level course on war or international security into which an instructor would like to add some economic data or theory. Top to learn more
A good introductory textbook written for a new subject
I attended the "Economics of War" class taught by Prof. Poast. When I was in the course, we did not use this text, but instead were using his personal notes. I think its no suprise that this textbook stemmed from those notes (Since this is the genesis of most textbooks out in the market).That being said, I have since purchased the book for my personal collection and after reading (and comparing) with my old class notes my opinion is still the same; they are clear and concise exposition on a young and very interesting (and increasingly relevent) subject.The prerequisites to understand this text are very minnimal and hence can drawl a large potential of readers. Essentially, basic familiarity of Macro (and some Micro) economics should prove suffecient. Of course the more you have under your belt, the more you'll gain from the text, but its possible for people of other "related" fields to read this text and understand its implications (such as Political...
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November 24, 2005
(Georgia) | Helpful Votes: 8 | Rating: 4
Great text book! But one thing missing.
This is a great textbook, that uses examples of war to explain various concepts of economics. It should have come as natural, and I'm surprised that no one came up with it before. War is one of the biggest public spending, which makes it great material to talk about macro economic issues. Game theory analysis came out from cold war strategic analysis, so it's only natural that you use that example to explain game theory. Arms industry is huge and its clients are limited, so use it as an explanation for market monopoly and industrial structure. Seems really obvious once you read it, but it's good.The book is written clearly, and has no political agenda. It's analysis of war impact is clear, and anyone who wants a level headed argument on war should read this before becoming too emotional. Also, it's an interesting way to study economics.There's one big omission in the analysis, though, in my opinion. It doesn't touch upon the essential question: what happens...
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October 17, 2005
(Shinagawa-ku, Tokyo Japan) | Helpful Votes: 5 | Rating: 4
Excellent Exploration
This book is a very well explored analysis and his conclusions on why the misconception that war is the best way to create a strong economy are factual and well thought out. The book is designed as a textbook for people with limited previous contact with economic concepts, which can be slightly annoying at times. None the less it is a perfect introductory book on the subject of economics and war for those who wish to explore but lack the economic background to just pick up something more in depth.
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June 1, 2008
(Pittsburgh, PA) | Helpful Votes: 1 | Rating: 4