America's economic way of war: war and the us economy from the spanish-American war to the persian gulf war

This revealing book exposes the influence of economics and finance on how America waged war in the twentieth century. This revealing book exposes the influence of economics and finance on America's decisions to go to war, how thosewars were fought, and the long-term consequences for the economy. Ranging from the Spanish–American War to the Gulf War it shows the true cost of these wars for the US economy. This revealing book exposes the influence of economicsand finance on America's decisions to go to war, how those wars were fought, and the long-term consequences for the economy. Ranging from the Spanish–American War to the Gulf War it shows the true cost of these wars for the US economy. How did economic and financial factors determine how America waged war inthe 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 beenmore costly to the United States than most Americans realize as a substantialreliance on borrowing from the public, money creation and other strategies tofinance America's war efforts have hidden the true cost of war. Advance praise: 'Based on extensive research, Rockoff provides an excellent analysis of theeconomic, financial, and human costs of America's wars between 1898 and 1991.This is a major contribution to the study of twentieth-century US life and thought.' Stanley L. Engerman, University of Rochester 'Economic historians often tiptoe around wars as if they were accidental or incidental. In reality, warfare has generally been economically formative as well as destructive. America's Economic Way of War is packed with important new insights into how America fought and paid for the wars of the twentieth century in blood and treasure, and how these wars changed America.' Mark Harrison, University of Warwick 'HughRockoff calmly demonstrates that America's wars have been far costlier in economic terms than we have been led to believe. He carefully compiles the true costs and exposes the methods our leaders have used to disguise those costs andhide them from us. This is an informative and thought-provoking book.' Richard Sylla, New York University INDICE: 1. A century of war; 2. The economics of war; 3. The Spanish–American War; 4. The Philippine–American War; 5. World War I; 6. World War II; 7. The Korean War; 8. The Cold War; 9. The Vietnam War; 10. The Persian Gulf War; 11. The American way of war.

• ISBN: 978-0-521-67673-1
• Editorial: Cambridge University
• Encuadernacion: Rústica
• Páginas: 370
• Fecha Publicación: 29/03/2012
• Nº Volúmenes: 1
• Idioma: Inglés