War and Competition

[Jacob] Viner’s strong belief in competition made him think that, if only every country had this [atomic] weapon, each would be so afraid of retaliation, that no military warfare would take place anymore, and issues would be decided by economic warfare. It seemed to me that, at least, with this hypothesis errors of the second kind would be extremely costly. Szilard thinks the whole idea is a dangerous illusion…. It seems to me that the control of the military uses of economic power is now the most important political issue facing the planet.

Mirowski, Philip (2001–12–03). Machine Dreams: Economics Becomes a Cyborg Science (p. 253). Cambridge University Press. Kindle Edition.

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