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The Economics of Conflict — A Dead Economists Salon
March 23, 2022 at 8:00 pm - 10:00 pm CET
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Join Interintellect hosts Bronwyn Williams and Peter Isztin in this latest entry in their Dead Economists Society salon series—now in its second year of monthly meetings!
“You will hear of wars and rumors of wars, but see to it that you are not alarmed. Such things must happen, but the end is still to come. Nation will rise against nation, and kingdom against kingdom.”
~ Revelations
Conflict has been a constant part of human history. That we know, but what about the economics of conflict? How can understanding the incentives and game theory of conflict help us design more peaceful societies and stronger social contracts?
In this Dead Economists Salon, we discuss:
Why we have conflicts if we do not live in a zero-sum world
The drivers behind social conflict : Inequality, polarisation, values or religion? (Or in other words, is it big or small differences that cause us to fight)
The game theory of mutual assured destruction
The dilemmas of “world policing”
Investing in national and global security as “insurance”
The feasibility of a rule-based international order in a multipolar world
What economics teach us about the war in Ukraine
The trade offs between deterrence vs preventive measures (from sanctions to private sector policing)
And if it is ever OK to appease the “bad guys”…
Join us and let’s discus, debate and argue about the economics of conflict.
Recommended Readings:
Tyler Cowen on Putin and Game Theory: bloomberg.com/opinion/articl
Tyler Cowen on Crimea and Game Theory: nytimes.com/2014/03/16/bus
Becker and Posner on preventive war: becker-posner-blog.com/2004/12/preven, becker-posner-blog.com/2004/12/preven
Ukraine and the economics of world policing: peterisztin.substack.com/p/ukraine-and-
“The United States of Sanctions”: foreignaffairs.com/articles/unite
Neighbours and enemies : https://edi.opml.co.uk/wpcms/wp-content/uploads/2016/08/EDI-PF-PAPER-10.II_.1-Esteban-and-Ray-1.pdf
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