Suchergebnisse

In NATO's early days statesmen spoke glowingly about subordinating national military interests to a truly international "balanced collective force," a goal similar to classic free trade in its promise of mutual gain secured at the cost of dependence upon foreigners. Naturally, in so nationalistic a field as defense, achievement fell far short of this sweeping aspiration. But we are ill-placed now to belittle either the slogan or the degree to which we realized an international division of military labor. Nowadays the slogan is "interdependence," but in practice this seems to mean performance deviating still more widely from the goal of integrated defense.

PROBLEoMf eSconomic policy for static models are characterized by the fact that in the usual system of equations describing the structure of such models the role of unknown and known variables has been inverted, wholly or partially. In the political problem unknom-ns are the numerical values of a number of political parameters, whereas a number of "economic variables" in the old sense are now given targets. In order that a certain set of target values be attainable by a certain type of economic policy (i.e., by the choice of a certain number of instruments) the number of equations must be equal to the number of unknown political parameters plus, as the case may be, those unknown economic variables that are not chosen as targets. Various logical situations may present themselves, the simplest being the situation just indicated. If the number of equations is too small, the economic policy aimed at is inconsistent or contradictory; if it is too large, the policy is indeterminate and the target has to be specified more exactly.