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Journal of Economic Literature Vol. 52 No. 4 2014

Strategy in History and (versus?) in Economics: A Review of Lawrence Freedman's Strategy: A History

Avinash Dixit

Princeton University

Abstract

This essay reviews Lawrence Freedman's book Strategy: A History. The main themes—definitions, strategies in war, business, politics, and revolutions—are overviewed. The value of game-theoretic thinking for practical strategy is assessed. A critical discussion of some concepts and dichotomies emphasized by Freedman, e.g., strategy is governed by the starting point, not the end point, and of the role of stories and scripts in strategy, follows.

DOI
10.1257/jel.52.4.1119
Volume
52
Issue
4
Pages
1119-1134
Language
en
Sources
openalex crossref

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