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Books > History > American history
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America's Economic Way of War - War and the US Economy from the Spanish-American War to the Persian Gulf War (Hardcover, New)
Loot Price: R1,402
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America's Economic Way of War - War and the US Economy from the Spanish-American War to the Persian Gulf War (Hardcover, New)
Series: New Approaches to Economic and Social History
Expected to ship within 12 - 17 working days
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How did economic and financial factors determine how America waged
war in the twentieth century? This important new book exposes the
influence of economics and finance on the questions of whether the
nation should go to war, how wars would be fought, how resources
would be mobilized, and the long-term consequences for the American
economy. Ranging from the Spanish-American War to the Gulf War,
Hugh Rockoff explores the ways in which war can provide unique
opportunities for understanding the basic principles of economics
as wars produce immense changes in monetary and fiscal policy and
so provide a wealth of information about how these policies
actually work. He shows that wars have been more costly to the
United States than most Americans realize as a substantial reliance
on borrowing from the public, money creation and other strategies
to finance America's war efforts have hidden the true cost of war.
General
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