Market Incentives to End War

Download or read book Market Incentives to End War written by Ronnie Horesh and published by iUniverse. This book was released on 2003-09 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets are the most efficient means yet discovered of allocating society's scarce resources. Unfortunately, many believe that market forces must inevitably conflict with social goals. So it is important to remind ourselves that market forces and self-interest can fulfil social, as well as private, aspirations. This book introduces a radical new financial instrument, Conflict Reduction Bonds, intended to channel the market's incentives and efficiencies into achieving what is perhaps our most urgent and yet remote social objective: the ending for all time of violent political conflict.