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The institutional arrangements governing the creation of money in the United States have changed dramatically since the Revolution. Yet beneath the surface the story of wartime money creation has remained much the same. During wars against minor powers, the government was able to fund the war by...
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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...
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To cover fully the economics of war would require encyclopedia unto itself. Here I will provide brief introductions to four questions: (1) to what extent did economic forces cause America's wars, (2) after going to war, how has the United States managed the reallocation of resources, (3) how has...
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