Uploaded November 2024 | Updated September 2026, 3 weeks ago
How can we create a lasting peace?
In the final episode, Professor Boyce discusses impediments to reorienting economics to the goal of building a durable peace. He identifies four major obstacles to investing in peace. The first arises from the competing objectives of decision-makers, whose commercial and geopolitical aims are not necessarily congruent with the demands of peacebuilding. The second arises from the internal incentive structures of aid agencies, where the “approval and disbursement culture” can militate against the careful calibration of incentives to advance the peace process. The third comes from ideological biases, including the misplaced preoccupation with “efficiency” manifested, for example, in antipathy to tariffs. The final obstacle comes in the form of objections in the name of “national sovereignty,” invoked for rulers in the quest for money without peace conditions attached. Confronting these obstacles requires rethinking economic theory and practice in light of the risks and enormous costs of war.
Learn more at econofwar.org
Directed by Matthew Kulvicki
Produced by Nick Alpha
How can we create a lasting peace?
In the final episode, Professor Boyce discusses impediments to reorienting economics to the goal of building a durable peace. He identifies four major obstacles to investing in peace. The first arises from the competing objectives of decision-makers, whose commercial and geopolitical aims are not necessarily congruent with the demands of peacebuilding. The second arises from the internal incentive structures of aid agencies, where the “approval and disbursement culture” can militate against the careful calibration of incentives to advance the peace process. The third comes from ideological biases, including the misplaced preoccupation with “efficiency” manifested, for example, in antipathy to tariffs. The final obstacle comes in the form of objections in the name of “national sovereignty,” invoked for rulers in the quest for money without peace conditions attached. Confronting these obstacles requires rethinking economic theory and practice in light of the risks and enormous costs of war.
Learn more at econofwar.org
Directed by Matthew Kulvicki
Produced by Nick Alpha
![The War Machine [James K. Boyce]](https://i.ytimg.com/vi/VX4Ykzx43Yo/mqdefault.jpg "The War Machine [James K. Boyce]
If we want durable peace, we need to look for more than just economic expansion.
James K. Boyce (@UMass.Amherst @PERIeconomics) explains how horizontal inequalities and economic policies can stoke or settle conflicts.
Learn more about his work at https://www.jameskboyce.com/
Produced by Matthew Kulvicki & Nick Alpha")
