America's Economic Way of War

War and the US Economy from the Spanish-American War to the Persian Gulf War

By:

Hugh Rockoff

Format:

Paperback / softback

Series:

New Approaches to Economic and Social History

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Description

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.

Author Biography:

Hugh Rockoff is a Professor of Economics at Rutgers, the State University of New Jersey and a Research Associate of the National Bureau of Economic Research. His publications include numerous papers in professional journals, The Free Banking Era: A Re-examination (1975), Drastic Measures: A History of Wage and Price Controls in the United States (1984) and a textbook History of the American Economy (with Gary Walton).

Release date Australia

March 29th, 2012

Author

Hugh Rockoff

Audience

Tertiary Education (US: College)

Illustrations

22 Tables, black and white; 28 Line drawings, unspecified

Pages

370

Series

New Approaches to Economic and Social History

Dimensions

152x228x17

ISBN-13

9780521676731

Product ID

10388228

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