The Long and the Short of an Arms Race

  • David Kinsella
  • Sam-man Chung
Part of the Recent Economic Thought Series book series (RETH, volume 64)


Investigators can hardly believe their eyes. For forty years the United States and Soviet Union were locked in a bitter rivalry that threatened to erupt into armed conflict, yet careful students can find no correlation between their military budgets. Were the Americans and Soviets really in an arms race, or was that another Cold War myth to be dispelled by careful analysis of the data?


Service Request Equilibrium Relationship Military Expenditure Military Spending Defense Spending 
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Copyright information

© Springer Science+Business Media New York 1998

Authors and Affiliations

  • David Kinsella
    • 1
  • Sam-man Chung
    • 2
  1. 1.School of International ServiceAmerican UniversityUSA
  2. 2.Naval Forces Development CommandRepublic of Korea NavyKorea

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