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.

Hugh Rockoff (Author)

9780521676731, Cambridge University Press

Paperback, published 29 March 2012

370 pages, 28 b/w illus. 22 tables
22.8 x 15.2 x 1.7 cm, 0.59 kg

'America's Economic Way of War is essential reading for those interested in the history of the United States, the functioning of wartime economies, and how wars (even when they are over) continue to shape our lives.' Journal of Economic History

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.

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.

Subject Areas: Economic history [KCZ], Military history [HBW], 20th century history: c 1900 to c 2000 [HBLW], History of the Americas [HBJK]