First published in 1934, this book explores prominent economic questions on the subject of rearmament and disarmament. Both rearmament and disarmament have a number of economic advantages and disadvantages and in each chapter Paul Einzig considers these in order to decide on which side the advantages outweigh the disadvantages. Part I of the book examines the economics of armament in the light of real experience of recent history whilst Part II looks to the probable economic effort of future rearmament.
Table of Contents
Part I: The Past; 1. Introductory 2. Armament Race before the War 3. Economics of War Expenditure 4. Disarmament after the War 5. Rearmament after the War Part II: The Future 6. Rearmament finance 7. Armament and Trade 8. Armament and currency 9. Rearmament and Recovery 10. Armament and Economic Planning 11. Financial Limitation of armaments 12. Conclusion; Appendix I: Limitation of Armament Expenditure; Appendix II: Items of armament Expenditure; Appendix III: The World’s Armament Expenditure