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Jürgen G. Backhaus
Navies and State Formation
The Schumpeter Hypothesis Revisited and Reflected
Reihe: Wirtschaft: Forschung und Wissenschaft
Bd. 27, 2009, 384 S., 39.90 EUR, br., ISBN 978-3-643-90212-2
If the power to tax stems from the need to finance standing armies, as Schumpeter claims, what about the more expensive navies? The answer demonstrated in this book is that Schumpeter was right. We cannot document a single case of a tax financed navy.
This work has been generously supported by the Kyriazis family foundation.