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Introduction: The Fundamental Economic Problem of the Military

In: Defense Economics

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  • Marcus Matthias Keupp

    (Military Academy)

Abstract

Contemporary military organizations are anything but private companies. Both military and civilian bureaucracies who do not function according to free-market principles administer them. Quite the contrary: As these bureaucracies control all economic activity in the armed forces, a planned economy system is established. Any economic analysis that ignores this fundamental problem not only leads to false conclusions, but also to irrelevant policy recommendations.

Suggested Citation

  • Marcus Matthias Keupp, 2021. "Introduction: The Fundamental Economic Problem of the Military," Springer Books, in: Defense Economics, chapter 0, pages 1-21, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-73815-0_1
    DOI: 10.1007/978-3-030-73815-0_1
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    References listed on IDEAS

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