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📰 **Weapons, Wealth, and the Fates of Societies**
Why do weapons sustain durable peace in some societies but provoke perpetual violence in others? We develop a theory in which the value of human life and the frequency of violence are jointly determined by weapons technology and economic conditions. Lethal weapons deter conflict
🔗 https://marginalrevolution.com/marginalrevolution/2026/05/weapons-wealth-and-the-fates-of-societies.html?utm_source=rss&utm_medium=rss&utm_campaign=weapons-wealth-and-the-fates-of-societies
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Why do weapons sustain durable peace in some societies but provoke perpetual violence in others? We develop a theory in which the value of human life and the frequency of violence are jointly determined by weapons technology and economic conditions. Lethal weapons deter conflict
🔗 https://marginalrevolution.com/marginalrevolution/2026/05/weapons-wealth-and-the-fates-of-societies.html?utm_source=rss&utm_medium=rss&utm_campaign=weapons-wealth-and-the-fates-of-societies
#markets #news