“Alliances are always weaker in peacetime; alliances tend to become hard and fast and strong when things are going badly… but when things are going well, cooperation is hard to achieve.”

—  Oskar Morgenstern

Source: National Security: Political, Military, Economic Strategies Decade Ahead, (1963), p. 678.

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Oskar Morgenstern photo
Oskar Morgenstern5
austrian economist 1902–1977

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