The Economic Consequences of U.S. Mobilization for the Second World War by Field, Alexander J.

The Economic Consequences of U.S. Mobilization for the Second World War

A reminder that war is not always, or even generally, good for long-term growth Many believe that...
CHF 76.78
CHF 76.78
SKU: 9780300251029
Product Type: Books
Please hurry! Only 0 left in stock
Author: Alexander J. Field
Format: Hardcover
Language: English
Subtotal: CHF 76.78
10 customers are viewing this product
The Economic Consequences of U.S. Mobilization for the Second World War by Field, Alexander J.

The Economic Consequences of U.S. Mobilization for the Second World War

CHF 76.78

The Economic Consequences of U.S. Mobilization for the Second World War

CHF 76.78
Author: Alexander J. Field
Format: Hardcover
Language: English
A reminder that war is not always, or even generally, good for long-term growth

Many believe that despite its destructive character, war ultimately boosts long-term economic growth. For the United States this view is often supported by appeal to the experience of the Second World War, understood as a triumph of both production and productivity. Alexander Field shows that between 1941 and 1945 manufacturing productivity actually declined, depressed by changes in the output mix and resource shocks from enemy action, including curtailed access to natural rubber and, on the Eastern Seaboard, petroleum. The war forced a shift away from producing goods in which the country had a great deal of experience toward those in which it had little. Learning by doing was only a partial counterbalance to the intermittent idleness and input hoarding that characterized a shortage economy and dragged down productivity. The conflict distorted human and physical capital accumulation and once it ended, America stopped producing most of the new goods. The war temporarily shut down basic scientific research and the ongoing development of civilian goods. U.S. world economic dominance in 1948, Field shows, was due less to the experience of making war goods and more to the country's productive potential in 1941.

Author: Alexander J. Field
Publisher: Yale University Press
Published: 10/18/2022
Pages: 472
Binding Type: Hardcover
Weight: 1.79lbs
Size: 9.39h x 6.41w x 1.25d
ISBN: 9780300251029

Returns Policy

You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).

You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).

If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.

Shipping

We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.

When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.

Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.

Related Products

Recently Viewed Products