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This book demonstrates how economic tools have been used throughout history to accomplish goals of military conflict, how they can be used more effectively than traditional means of warfare in the modern era, and how we can derive a better understanding of economic strategy applicable not just to the military but also to market competition. This new edition includes a thorough updating of chapters on advances in our understanding of economic warfare and more recent examples, such as ISIS's reliance on obtaining control over oil production facilities, North Korea's nuclear program, and China's emphasis on scientific research and technological innovation. This edition also features an entirely new chapter on the commercialization of the conflict over the region of Kashmir.

Economics and Modern Warfare: The Invisible Fist of the Market

1. A Critique on Current MethodsPart I: Supply Manipulation2. Altering Distribution of Supplies3. Altering Distribution of Capital Assets4. Altering Distribution of Human Assets5. Physical Confrontation6. Systempunkt Targets7. Limitations and Failures of Supply Manipulation8. Suggestions for Future Research on Supply ManipulationPart II: Trade Manipulation9. Preliminary Concept: Terms of Trade10. Preclusive Purchasing11. Resource Appropriation12. Supply Exploitations13. Tactical Hiring14. Tactical Pricing15. Trade Agreements16. Currency Manipulation17. Counterfeiting18. Limitations and Failures of Trade Manipulation19. Suggestions for Future Research on Trade ManipulationPart III: Market Manipulation20. Economic Intelligence21. Labor Exploitations22. Expropriating Peoples23. Equity and Debt Engineering24. Equilibrium Redirection25. Decision Management Modeling26. Resource-Based View of Conflict27. Profits of the Game28. Limitations and Problems with Market Manipulation29. Suggestions for Future Research on Market Manipulation