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ID364016
Title ProperThe optimal accumulation of power
Other Title InformationDiscussion Paper Series. Discussion Paper No: 87.03, July 1987 (Draft)
LanguageENG
AuthorAmit, Ilan ;  Halperin, Ariel
Summary / Abstract (Note)It is customary to distinguish between capital goods, which are productive and non-consumable, and consumption goods, which are consumable and non-productive. In this paper we consider a third kind o fgoods, which are non-productive and non-consumable at the same time. We call such goods Power, since military power is our central example for this kind.
`In' analytical NoteIn Barkai, Haim: Kibbutz efficiency and the incentive conundrum. [Discussion Paper Series. Discussion Paper No: 86.02, February 1986 (Draft)] Jerusalem. The Maurice Falk Institute for Economic Research in Israel, 1986.
Key WordsPower and Economy ;  Military Power