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Depression, War, and Cold War: Studies in Political Economy

Author

Listed:
  • Higgs, Robert

    (Senior Fellow in Political Economy)

Abstract

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.

Suggested Citation

  • Higgs, Robert, 2006. "Depression, War, and Cold War: Studies in Political Economy," OUP Catalogue, Oxford University Press, number 9780195182927.
  • Handle: RePEc:oxp:obooks:9780195182927
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    Citations

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    Cited by:

    1. Stern, Roger J., 2010. "United States cost of military force projection in the Persian Gulf, 1976-2007," Energy Policy, Elsevier, vol. 38(6), pages 2816-2825, June.
    2. Edward Stringham, 2014. "Gary Chartier, Anarchy and Legal Order: Law and politics for a stateless society," Public Choice, Springer, vol. 159(3), pages 581-583, June.
    3. Price Fishback & Joseph A. Cullen, 2013. "Second World War spending and local economic activity in US counties, 1939–58," Economic History Review, Economic History Society, vol. 66(4), pages 975-992, November.
    4. Thomas Duncan & Christopher Coyne, 2013. "The overlooked costs of the permanent war economy: A market process approach," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(4), pages 413-431, December.
    5. Marc Audi & Amjad Ali, 2023. "Public Policy and Economic Misery Nexus: A Comparative Analysis of Developed and Developing World," International Journal of Economics and Financial Issues, Econjournals, vol. 13(3), pages 56-73, May.
    6. Christopher J. Coyne & Abigail R. Hall, 2019. "State-Provided Defense as Noncomprehensive Planning," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 34(Spring 20), pages 75-85.
    7. Peter J. Boettke & Christopher J. Coyne & Peter T. Leeson, 2014. "Earw(h)ig: I can’t hear you because your ideas are old," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 38(3), pages 531-544.
    8. Carden William A, 2009. "Sound and Fury: Rhetoric and Rebound after Katrina," Journal of Business Valuation and Economic Loss Analysis, De Gruyter, vol. 4(2), pages 1-14, April.
    9. Ahmed S. Rahman, 2020. "Officer retention and military spending: the rise of the military‐industrial complex during the Second World War," Economic History Review, Economic History Society, vol. 73(4), pages 1074-1096, November.
    10. Christopher J. Coyne & Courtney Michaluk & Rachel Reese, 2016. "Unproductive entrepreneurship in US military contracting," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 5(2), pages 221-239, August.
    11. Hogan, Thomas L., 2015. "Has the Fed improved U.S. economic performance?," Journal of Macroeconomics, Elsevier, vol. 43(C), pages 257-266.
    12. Coyne,Christopher J., 2020. "Defense, Peace, and War Economics," Cambridge Books, Cambridge University Press, number 9781108724036, October.
    13. Carden Art & Lawson Robert A., 2010. "Human Rights and Economic Liberalization," Business and Politics, De Gruyter, vol. 12(2), pages 1-20, August.
    14. Michael D. Bordo & Andrew T. Levin & Mickey D. Levy, 2020. "Incorporating Scenario Analysis into the Federal Reserve’s Policy Strategy and Communications," NBER Working Papers 27369, National Bureau of Economic Research, Inc.
    15. Steven Horwitz, 2011. "Unfortunately Unfamiliar with Robert Higgs and Others: A Rejoinder to Gauti Eggertsson on the 1930s," Econ Journal Watch, Econ Journal Watch, vol. 8(1), pages 1-12, January.
    16. Christopher Coyne, 2015. "Lobotomizing the defense brain," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(4), pages 371-396, December.
    17. Peter J. Boettke, 2007. "Liberty vs. Power in Economic Policy in the 20th and 21st Centuries," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 22(Spring 20), pages 7-36.
    18. Duncan Thomas K. & Coyne Christopher J., 2015. "The Revolving Door and the Entrenchment of the Permanent War Economy," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 21(3), pages 391-413, August.
    19. Steven Horwitz, 2010. "The Microeconomic Foundations of Macroeconomic Disorder: An Austrian Perspective on the Great Recession of 2008," Chapters, in: Steven Kates (ed.), Macroeconomic Theory and its Failings, chapter 6, Edward Elgar Publishing.
    20. Marcus Matthias Keupp, 2021. "Institutions and Armed Forces," Springer Books, in: Defense Economics, chapter 0, pages 23-65, Springer.

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