Charles H. Anderton and John R. Carter: Principles of conflict economics: The political economy of war, terrorism, genoc
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Charles H. Anderton and John R. Carter: Principles of conflict economics: The political economy of war, terrorism, genocide, and peace Second Edition, Cambridge University Press, New York, NY, 2019. xxii + 503 pp, USD 44.99 (paperback) Shikha Basnet Silwal1
© Springer Science+Business Media, LLC, part of Springer Nature 2020
Principles of Conflict Economics is a collection of theories, empirical studies, and ideas on the subject of conflict and peace. As the title suggests, the book presents the study of conflictual and peaceful outcomes through an economic lens. As such, the topics covered are wide-ranging and the methodologies used to study the myriad of scenarios include not only some of the basic principles of supply and demand, the broad group of rational choice and game theory models, and classical bargaining theory, but also extend to the state-of-the-art and interdisciplinary concepts and tools, such as network economics, economics of identity, and behavioral economics. In doing so, Anderton and Carter help readers understand how economists approach the study of complex social, economic, and political phenomena like wars and terrorism. Each chapter starts with an introduction of a particular economic model and how that model can be adapted to systematically study a particular type of conflict. This equips readers, regardless of their background in economics, to undertake the study of conflict and peace from an economic viewpoint. Similarly, each chapter ends with detailed bibliographic notes that provide extensive resources for further exploration. While the core of the second edition of the book is the same as the first edition, there are many significant changes that set the new edition apart from the first one. The second edition has examples from a diverse set of countries and time periods. For example, the authors discuss contemporary cases of the war in Syria and its impact on a family’s economy, refugee crisis, and tension in India and Pakistan, to name a few. Most significant improvements, however, are the introduction of network economics, economics of identity, and behavior economics. A chapter on the study of genocides and mass atrocities, something economists have long overlooked, is also new. The addition of these chapters makes the book more relevant for the upcoming cohort of scholars and is more in tune with the advancements in the field itself. Overall, the authors have also devoted a lot of care on being inclusive, whether that has to do with being representative of
* Shikha Basnet Silwal [email protected] 1
Department of Economics, Williams School of Commerce, Economics, and Politics, Washington and Lee University, Lexington, VA 24450, USA
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different fields and subfields within economics or the use of gender-sensitive pronouns throughout the text. The book is organized into four parts. The first part introduces the basic concepts and conflict and peace trends over time and space. For the most part, it establishes the relevance of economics to
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