Many conservative advocates of market-based economics passionately support a large military, while many opponents of a large military oppose markets. Nineteenth-century classical liberal Richard Cobden, however, maintained that the military and the market were substitutes: more military entails less market.
Commerce, Markets, and Peace
Richard Cobdens Enduring Lessons
By Edward P. Stringham
This
article
appeared in
the Summer 2004 issue of The Independent Review.
Defense and Foreign PolicyEconomistsEconomyFree Market EconomicsInternational Economics and DevelopmentPhilosophy and ReligionPublic ChoiceTrade
Other Independent Review articles by Edward P. Stringham | ||
Summer 2017 | Should We Be Pushing for More Equality of Income and Wealth? | |
Spring 2017 | Hamiltons Legacy and the Great Man Theory of Financial History | |
Spring 2005 | Is Government Inevitable?: Comment on Holcombes Analysis | |
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