This book offers a comprehensive analysis of the effect of military expenditures on the economy. It is the first book to provide both a theoretical and empirical investigation of how military spending affects the profit rate, a key indicator of the health of a capitalist economy.
Covering Institutionalist, Post-Keynesian, Marxist and Feminist perspectives, Heterodox Economics of Military Spending provides a comprehensive analysis of the effect of military expenditures on the economy.