23 - 29 June 2025 - Broad Chalke, Salisbury

Forum

Included

14:30 - 15:15
Thu, 26 June
64. Blood and Treasure: The Economics of Conflict from the Vikings to Ukraine
Forum

Wars are expensive, both in human terms and monetary ones. But while warfare might be costly it has also, at times, been an important driver of economic change and progress. Over the long span of history nothing has shaped human institutions – and thus the process of economic development – as much as war and violence. Duncan Weldon looks at the history and economics of warfare from the Viking Age to the war in Ukraine, examining how incentives and institutions have changed over time and answering important questions, such as should Genghis Khan be regarded as the father of globalisation? How did pirate captains pioneer effective HR techniques? And did a culture of patronage and cronyism help the Royal Navy rise to greatness?