In this book, entitled "Military Conscription: an economic analysis of the labour component in the armed forces", military conscription is regarded as an eco- nomic policy to minimize the cost of labour in the armed forces. The economic cost of conscription becomes clear when we analyse the opportunity costs of conscription. If conscripts were free to choose whether to join the armed forces, many would not under the present day conditions, since for them the costs of conscription far outweighs the benefits. The principle of opportunity costs is always central in the economics of warfare. In...
In this book, entitled "Military Conscription: an economic analysis of the labour component in the armed forces", military conscription is regarded as...