Defense Economics

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Focusing on the economic challenges faced by military organizations, the textbook offers an institutional perspective on their efficiency and effectiveness. It employs a capability-based framework while integrating constitutional, historical, and economic factors into its analysis. The content is universally applicable, avoiding dependence on specific armed forces or cultures. By distilling defense economics and armed forces management into fundamental economic issues, it provides valuable solutions. This work is essential for students, scholars, and practitioners seeking insights into defense economics.