Waging War with Gold: National Security and the Finance Domain Across the Ages

Lynne Rienner

Amazon

Barnes and Noble

“The sinews of war,” posited Cicero, “are infinite money.” Can the same be said of security? Tackling this thought-provoking question, the authors of Waging War with Gold show how states across the centuries have weaponized the global finance domain—a constellation of economic, legal, and monetary relations—in order to exert influence and pursue national interests.

Authors

• Charles Dainoff
• Robert Farley
• Geoffrey Williams

Reviews

Short Articles and Blog Posts

• Robert Farley, Are Sanctions On Russia Doing Enough Damage?, 1945, December 16, 2022
• Robert Farley, Ukraine Has A Problem: What Happens After The War Is Over?, 1945, December 13, 2022
• Robert Farley, The West Has Declared Financial War On Russia: Has It Succeeded?, 1945, December 13, 2022
• Robert Farley, The War In Ukraine Is Now A Sanctions War Between Russia And The West, 1945, December 11, 2022
• Robert Farley, Russia And The West Are In A Financial War, 1945, December 11, 2022
• Robert Farley, What Does Finance Have to Do With War?, The Diplomat, March 31, 2021

Academic Work

• Dainoff, Charles A. Outlaw paradise: Why countries become tax havens. Rowman & Littlefield, 2021.

Podcasts and Other Media

• War Room, Wait There’s Another One? Arguing for the Finance Domain, January 31, 2023

Reading List

• Drezner, Daniel, Henry Farrell, and Abraham L. Newman eds. 2021. The Uses and Abuses of Weaponized Interdependence, Washington, DC: Brookings Institution Press.
• Edling, Max M. 2014. A Hercules in the Cradle: War, Money, and the American State, 1783–1867. Chicago: University of Chicago Press.
• Eichengreen, Barry. 2014. Hall of Mirrors: The Great Depression, The Great Recession, and the Uses-and Misuses-of History. Oxford: Oxford University Press.
• Feis, Herbert. 1930. Europe, the World’s Banker 1870–1914: An Account of European Foreign Investment and the Connection of World Finance with Diplomacy Before the War. New Haven: Yale University Press.
• Flandreau, Marc, and Juan H. Flores. 2012. “The Peaceful Conspiracy: Bond Markets and International Relations During the Pax Britannica.” International Organization 66 (2): 211–241.
• Gilpin, Robert. 2016. The Political Economy of International Relations. Princeton: Princeton University Press. 
• Gorton, Gary. 2012. Misunderstanding Financial Crises: Why We Don’t See Them Coming. Oxford: Oxford University Press.
• Ikenberry, G. John. 2020. A World Safe for Democracy: Liberal Internationalism and the Crises of Global Order. New Haven: Yale University Press.
• Lambert, Nicholas A. 2012. Planning Armageddon: British economic warfare and the first world war. Harvard University Press.
• North, Douglass C., John Joseph Wallis, and Barry Weingast. 2009. Violence and Social Order: A Conceptual Framework for Interpreting Recorded Human History. Cambridge: Cambridge University Press. 
• Rosenberg, Emily S. 2004. Financial Missionaries to the World. Durham: Duke University Press.
• Stasavage, David. 2011. States of Credit: Size, Power, and the Development of European Polities. Princeton: Princeton University Press.
• Tooze, Adam. 2018. Crashed: How a Decade of Financial Crises Changed the World. London: Penguin.
• Tooze, Adam. 2015. The deluge: the Great War, America and the remaking of the global order, 1916-1931. Penguin books.
• Viner, Jacob. 1928. “Political Aspects of International Finance.” Journal of Business of the University of Chicago 1 (2): 141–173.