Economics and the All-Volunteer Military Force

An important case in the past half century where the “economic way of thinking” contributed to a major government policy change in the United States was the decision to terminate conscription as the means of staffing the bulk of the U.S. armed forces. After an acrimonious public debate that lasted f...

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Bibliographic Details
Published inBetter Living through Economics p. 253
Main Authors Beth J. Asch, James C. Miller, John T. Warner
Format Book Chapter
LanguageEnglish
Published Harvard University Press 05.03.2012
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Summary:An important case in the past half century where the “economic way of thinking” contributed to a major government policy change in the United States was the decision to terminate conscription as the means of staffing the bulk of the U.S. armed forces. After an acrimonious public debate that lasted five years, conscription was ended in 1973. Economists played an important role in the draft debates and in the decision to terminate it. Since then they have been important in the management of the all-volunteer force (AVF). Although their recommendations have not always been heeded, economists and the economic way
ISBN:0674036182
9780674036185