In <i>Appeasing Bankers</i>, Jonathan Kirshner shows that bankers dread war--an aversion rooted in pragmatism, not idealism. "Sound money, not war" is hardly a pacifist rallying cry. The financial world values economic stability above all else, and crises and war threaten that stability. States that...

This article addresses the ways that economic incentives shape national interests and foreign policies, applying arguments that are derived from Albert Hirschman's National Power and the Structure of Foreign Trade (Albert O. Hirschman, National Power and the Structure of Foreign Trade (1945;...