© 2020

War in Economic Theories over Time

Assessing the True Economic, Social and Political Costs


Table of contents

  1. Front Matter
    Pages i-vii
  2. Renata Allio
    Pages 1-12
  3. Renata Allio
    Pages 13-55
  4. Renata Allio
    Pages 77-100
  5. Renata Allio
    Pages 101-131
  6. Renata Allio
    Pages 133-169
  7. Renata Allio
    Pages 245-257
  8. Back Matter
    Pages 259-285

About this book


This book offers the first systematic analysis of economic thought concerning war. It retraces debates on war from the formation of European states, the rise of Mercantilism, to Colonialism, Imperialism, the World Wars and the Cold War. Allio shows different economic perspectives from which it is possible to study war as a tool to achieve economic ends: causes, consequences, costs, funding methods, and effects on the economic status of the state and on the well-being of citizens. 

Examining interpretations from Smith, Hobson, Keynes, Kalecki, Stiglitz and many more, this important volume addresses the economic implications of war from the perspectives of many who bore the costs of wars in reality.


Economists and war Mercantilism War strategy Game theory Public choice Economics of war British Imperialism Kalecki Heterodox economists Hobson The cost of war Economic rationality The armaments industry Pentagon Capitalism State Capitalism Economic globalization Realpolitik History of economic thought

Authors and affiliations

  1. 1.University of TurinTurinItaly

About the authors

Renata Allio is Professor Emeritus of Economic History at the University of Turin, Italy. Her research activities have mainly dealt with history of work and migration, and the history of economic thought. She has published 120 essays in journals and volumes published in Italy, France and Germany. 

Bibliographic information