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Depression, War, and Cold War - Studies in Political Economy (Hardcover)
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Depression, War, and Cold War - Studies in Political Economy (Hardcover)
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Other books exist that warn of the dangers of empire and war.
However, few, if any, of these books do so from a scholarly,
informed economic standpoint. In Depression, War, and Cold War ,
Robert Higgs, a highly regarded economic historian, makes pointed,
fresh economic arguments against war, showing links between
government policies and the economy in a clear, accessible way. He
boldly questions, for instance, the widely accepted idea that World
War II was the chief reason the Depression-era economy recovered.
The book as a whole covers American economic history from the Great
Depression through the Cold War. Part I centers on the Depression
and World War II. It addresses the impact of government policies on
the private sector, the effects of wartime procurement policies on
the economy, and the economic consequences of the transition to a
peacetime economy after the victorious end of the war. Part II
focuses on the Cold War, particularly on the links between Congress
and defense procurement, the level of profits made by defense
contractors, and the role of public opinion andnt ideological
rhetoric in the maintenance of defense expenditures over time. This
new book extends and refines ideas of the earlier book with new
interpretations, evidence, and statistical analysis. This book will
reach a similar audience of students, researchers, and educated lay
people in political economy and economic history in particular, and
in the social sciences in general.
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