I am excited to announce the arrival of a project I have long aspired to produce. Today marks the birth of a blog about the intersection of economics and defense, called “MILopoly.” I am a passionate learner about these topics, and through my academic study of both domains I have found a number of points of convergence which I have wanted to explore further. MILopoly gives me the chance to explore these topics, enhance my knowledge, and invite the reader along for the journey.
I hope to use concepts like elasticity of demand to explain how, for example, the global market for inexpensive small arms like the AK-47 remains steady despite price fluctuations. Alternatively, I might take a more straightforward historical approach to explain John Maynard Keynes‘ influence on the outcome of and recovery from World War II. Finally, you might see MILopoly delve into the increasingly popular field of behavioral economics to explore just what exactly it might have to do with the Army Operating Concept of “Winning in a Complex World.”
Look for these topics and more over the next few weeks and months. If interest exists, I am excited about the idea of opening MILopoly up to guest contributors as well. Thanks very much for your interest, and I look forward to expanding our understanding together.