- Consulting Editors
- The Oxford Handbook of The Economics of Peace and Conflict
- Economic Perspectives on Peaceand Conflict
- Informational Aspects of Conflict
- Commitment Problems and Shifting Poweras a Cause of Conflict
- Bargaining and Conflict with Incomplete Information
- The Hobbesian Trap
- Religion, Conflict, and Cooperation
- Comparing Polarization Measures
- Inequality, Polarization, and Conflict
- On the Causes of Civil War
- Reflections on Africa’s Wars
- Methods For Measuring Aggregate Costs Of Conflict
- How Many Bucks in a Bang: On the Estimation of the Economic Costs of Conflict
- Estimating the Costs of War: Methodological Issues, with Applications to Iraq and Afghanistan
- Estimating the Human Costs of War: The Sample Survey Approach
- Mental Health In The Aftermath Of Conflict
- Measuring the Economic Costs of Terrorism
- Assessing the Effects of Military Expenditures on Growth
- The Economic Welfare Cost of Conflict: An Empirical Assessment
- Technologies of Conflict
- Endogenous Formation of Alliances in Conflicts
- Conflicts with Multiple Battlefields
- Laboratory Experiments on Conflict
- War, Trade, and Natural Resources: A Historical Perspective
- Trade in the Shadow of Power
- Conflict and Policy in General Equilibrium: Insights from a Standard Trade Model
- The Use of Coercion in Society: Insecure Property Rights, Conflict, and Economic Backwardness
- War and Poverty
- Aggressive Elites and Vulnerable Entrepreneurs: Trust and Cooperation in the Shadow of Conflict
- Globalization and International Conflict: Can Foreign Direct Investment Increase Cooperation Among Nations?
- National Borders, Conflict and Peace
- Political Institutions and War Initiation: The Democratic Peace Hypothesis Revisited
- Why Follow the Leader? Collective Action, Credible Commitment, and Conflict
- Conflict-Inhibiting Norms
Abstract and Keywords
This article builds on the sweeping perspective of the past millennium in the book Power and Plenty. Going back and forth between history and theory—specifically, an economic model of the empire and one of trade in the presence of insecurity—it illustrates the central role played by power and conflict, and suggests that trade cannot be separated from power considerations. The article also shows that economic theory and history can usefully be applied to the unified treatment of war, trade, and natural resources in relation to them.
Ronald Findlay is the Ragnar Nurkse Professor of Economics at Columbia University.
Kevin H. O’Rourke is the Chichele Professor of Economic History at the University of Oxford and a Fellow of All Souls College.
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