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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.
The quest for freedom has always been as much a battle of ideas as
it is a popular struggle. Classical liberal pioneers such as John
Locke and Adam Smith stressed the inherent worth of the individual,
inalienable rights, and the benevolent consequences of the
cooperative, peaceful pursuit of one's own happiness. These ideas
became the intellectual scaffolding for much of the West's most
fundamental institutions and achievements. Yet after its
19th-century high-water mark, classical liberalism lost much of its
passion, focus, and popular support. Intellectual trends
increasingly began to support coercive egalitarianism, empire, and
central planning at the expense of individual liberty, personal
responsibility, private property, natural law, and free
institutions.
Competition and Coercion: Blacks in the American economy, 1865 1914 is a reinterpretation of black economic history in the half-century after Emancipation. Its central theme is that economic competition and racial coercion jointly determined the material condition of the blacks. The book identifies a number of competitive processes that played important roles in protecting blacks from the racial coercion to which they were peculiarly vulnerable. It also documents the substantial economic gains realized by the black population between 1865 and 1914. Professor Higgs's account is iconoclastic. It seeks to reorganize the present conceptualization of the period and to redirect future study of black economic history in the post-Emancipation period. It raises new questions and suggests new answers to old questions, asserting that some of the old questions are misleadingly framed or not worth pursuing at all.
LARGE PRINT EDITION More at LargePrintLiberty.com.
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