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Adam smith: A defence economist

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  • Fanny Coulomb

Abstract

For Smith, “defence” is presented as one of the three big areas requiring the “expenses of the sovereign or Commonwealth”, and therefore justifying state intervention in the economy, beside “justice” and “public works and public institutions”. Against the mercantilist thought, Smith considers that the process of liberalization is a condition of disarmament and peace. It supposes mainly the decolonization, the reduction of defence burden, the eradication of slavery, the denunciation of the mercantilist policy, and the international respect of free trade. Development is both a consequence of liberalization and the main cause of peace.

Suggested Citation

  • Fanny Coulomb, 1998. "Adam smith: A defence economist," Defence and Peace Economics, Taylor & Francis Journals, vol. 9(3), pages 299-316.
    • Handle: RePEc:taf:defpea:v:9:y:1998:i:3:p:299-316
    DOI: 10.1080/10430719808404905
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    References listed on IDEAS

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    1. Schmoller, Gustav, 1897. "The Mercantile System and its Historical Significance," Histoy of Economic Thought Chapters, in: Studien uber die wirthschaftliche Politik Friedrichs des Grossen, McMaster University Archive for the History of Economic Thought.
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    Cited by:

    1. Anderton,Charles H. & Carter,John R., 2009. "Principles of Conflict Economics," Cambridge Books, Cambridge University Press, number 9780521875578, December.
    2. Jacques Fontanel, 2020. "Une croissance économique sans progrès humain," Post-Print hal-03709037, HAL.
    3. Charles Anderton, 2003. "Economic theorizing of conflict: Historical contributions, future possibilities," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(3), pages 209-222.
    4. Fanny Coulomb & John Paul Dunne, 2008. "Economics, conflict and war," Post-Print hal-02051663, HAL.
    5. Jacques Fontanel, 2022. "Introduction à l'analyse économique de la guerre," Post-Print hal-03780322, HAL.
    6. Brauer Jurgen, 2017. "‘Of the Expence of Defence’: What Has Changed Since Adam Smith?," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 23(2), pages 1-14, April.
    7. Ballandonne, Matthieu & Cersosimo, Igor, 2022. "Towards a “Text as Data” Approach in the History of Economics: An Application to Adam Smith’s Classics," OSF Preprints mg3zb, Center for Open Science.
    8. Fanny Coulomb & Jacques Fontanel, 2012. "War and Capitalism," Post-Print hal-02043794, HAL.
    9. Štefan Bojnec, 2012. "Defence Enterprise Surveys On Market Outlets: The Case Of Slovenia," Defence and Peace Economics, Taylor & Francis Journals, vol. 23(3), pages 313-320, June.
    10. Jacques Fontanel, 2019. "Les analyses philosophiques et économiques des liens entre la guerre et l’économie jusqu’en 1776," Post-Print hal-02314440, HAL.

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    Keywords

    Adam Smith; Defence economics;

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