New Books Network

Stephen G. Brooks, "The Political Economy of Security" (Princeton UP, 2026)

Mar 22, 2026
Stephen G. Brooks, Dartmouth professor and author, explores how economic forces shape interstate war, terrorism, and civil conflict. He argues the links are complex and sometimes contradictory. He discusses development’s inverted-U effect on terrorism, why trade and globalization can both help and harm security, and how Adam Smith informs a more nuanced policy approach.
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INSIGHT

Economics Helps And Hurts Security At Once

  • Economic factors affect security in multiple, sometimes opposing ways rather than unidirectionally.
  • Stephen G. Brooks argues economics can both reduce and increase conflict, so simple slogans like "trade prevents war" are misleading.
INSIGHT

Development Follows An Inverse U For Terrorism

  • Economic development has an inverse U relationship with terrorism: low and high development mean less terrorism, middle levels mean more.
  • Brooks reports 13 of 14 studies found this pattern, making it a clear, replicated empirical result.
ADVICE

Do Not Treat Globalization As A Panacea

  • Avoid policy oversimplification: don't assume globalization or trade alone will eliminate security risks.
  • Brooks advises policymakers to recognize both benefits (e.g., lower inflation) and downsides when promoting globalization.
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