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America's Economic Way of War

Author: Hugh Rockoff

Publisher:

Published: 2012

Total Pages: 357

ISBN-13: 9781139378123

"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"--

America's Economic Way of War

Author: Hugh Rockoff

Publisher:

Published: 2014-05-14

Total Pages: 370

ISBN-13: 9781139379557

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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 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.

America's Economic Way of War

Author: Hugh Rockoff

Publisher: Cambridge University Press

Published: 2012-03-29

Total Pages: 371

ISBN-13: 0521859409

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This revealing book exposes the influence of economics and finance on how America waged war in the twentieth century.

Taxing Wars

Author: Sarah Kreps

Publisher: Oxford University Press

Published: 2018-05-01

Total Pages: 272

ISBN-13: 0190865326

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Why have the wars in Afghanistan and Iraq lasted longer than any others in American history? The conventional wisdom suggests that the move to an all-volunteer force and unmanned technologies such as drones have reduced the apparent burden of war so much that they have allowed these conflicts to continue almost unnoticed for years. Taxing Wars suggests that the burden in blood is just one side of the coin. The way Americans bear the burden in treasure has also changed, and these changes have both eroded accountability and contributed to the phenomenon of perpetual war. Sarah Kreps chronicles the entire history of how America has paid for its wars-and how its methods have changed. Early on, the United States imposed war taxes that both demanded sacrifices from all Americans and served as reminders of their participation. Indeed, thinkers from Immanuel Kant to Adam Smith argued that these reminders were exactly the reason why democracies tended to fight shorter and less costly wars. Bearing these burdens caused the populace to sue for peace when the costs mounted. Leaders in a democracy, responsive to their citizens, would have incentives to heed that opposition and bring wars to as expeditious an end as possible. Since the Korean War, the United States has increasingly moved away from war taxes. Instead, borrowing-and its comparatively less visible connection with the war-has become a permanent feature of contemporary wars. The move serves leaders well because reducing the apparent burden of war has helped mute public opposition and any decision-making constraints. But by masking accountability, however, the move away from war taxes undermines the basis for democratic restraint in wartime. Contemporary wars have become correspondingly longer and costlier as the public has become disconnected from those burdens. Given the trends identified in Taxing Wars, the recent past-epitomized by our lengthy wars in Afghanistan and Iraq-is likely to be prologue.

The American Trap

Author: Frédéric Pierucci

Publisher: Hodder & Stoughton

Published: 2019-11-14

Total Pages: 336

ISBN-13: 1529326885

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In 2014, France lost part of the control of its nuclear power plants to the United States. Frédéric Pierucci, former senior executive of one of Alstom's power company subsidiaries, found himself at the heart of this state scandal. His story goes to the very core of how he plotted the key features of the secret economic war that the United States is waging in Europe. And after being silenced for a long time, he has decided, with the help of journalist Matthieu Aron, to reveal all. In April 2013, Frédéric Pierucci was arrested in New York by the FBI and accused of bribery. The US authorities imprisoned him for more than two years - including fourteen months in a notorious maximum-security prison. In doing so, they forced Alstom to pay the biggest financial penalty ever imposed by the United States. In the end, Alstom also gave up areas of control to General Electric, its biggest American competitor. Frédéric's story unpacks how the United States is using corporate law as an economic weapon against its own allies. One after the other, some of the world's largest companies are being actively destabilised to the benefit of the US, in acts of economic sabotage that seem to be the beginning of what's to come...

The Rise and Fall of American Growth

Author: Robert J. Gordon

Publisher: Princeton University Press

Published: 2017-08-29

Total Pages: 785

ISBN-13: 1400888956

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How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.

Ways of War

Author: Matthew S. Muehlbauer

Publisher: Routledge

Published: 2013-11-26

Total Pages: 559

ISBN-13: 1136756043

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From the first interactions between European and native peoples, to the recent peace-keeping efforts in Afghanistan and Iraq, military issues have always played an important role in American history. Ways of War comprehensively explains the place of the military within the wider context of the history of the United States, showing its centrality to American culture and politics. The chapters provide a complete survey of the American military's growth and development while answering such questions as: How did the American military structure develop? How does it operate? And how have historical military events helped the country to grow and develop? Features Include: Chronological and comprehensive coverage of North American conflicts since the seventeenth century and international wars undertaken by the United States since 1783 Over 100 maps and images, chapter timelines identifying key dates and events, and text boxes throughout providing biographical information and first person accounts A companion website featuring an extensive testbank of discussion, essay and multiple choice questions for instructors as well as student study resources including an interactive timeline, chapter summaries, annotated further reading, annotated weblinks, additional book content, flashcards and an extensive glossary of key terms. Extensively illustrated and written by experienced instructors, Ways of War is essential reading for all students of American Military History.

The United States of War

Author: David Vine

Publisher: Univ of California Press

Published: 2021-09-07

Total Pages: 464

ISBN-13: 0520385683

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2020 L.A. Times Book Prize Finalist, History A provocative examination of how the U.S. military has shaped our entire world, from today’s costly, endless wars to the prominence of violence in everyday American life. The United States has been fighting wars constantly since invading Afghanistan in 2001. This nonstop warfare is far less exceptional than it might seem: the United States has been at war or has invaded other countries almost every year since independence. In The United States of War, David Vine traces this pattern of bloody conflict from Columbus's 1494 arrival in Guantanamo Bay through the 250-year expansion of a global U.S. empire. Drawing on historical and firsthand anthropological research in fourteen countries and territories, The United States of War demonstrates how U.S. leaders across generations have locked the United States in a self-perpetuating system of permanent war by constructing the world’s largest-ever collection of foreign military bases—a global matrix that has made offensive interventionist wars more likely. Beyond exposing the profit-making desires, political interests, racism, and toxic masculinity underlying the country’s relationship to war and empire, The United States of War shows how the long history of U.S. military expansion shapes our daily lives, from today’s multi-trillion–dollar wars to the pervasiveness of violence and militarism in everyday U.S. life. The book concludes by confronting the catastrophic toll of American wars—which have left millions dead, wounded, and displaced—while offering proposals for how we can end the fighting.

The American Way of Strategy

Author: Michael Lind

Publisher: Oxford University Press

Published: 2008-07

Total Pages: 305

ISBN-13: 0195341414

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In The American Way of Strategy, Lind argues that the goal of U.S. foreign policy has always been the preservation of the American way of life--embodied in civilian government, checks and balances, a commercial economy, and individual freedom. Lind describes how successive American statesmen--from George Washington, Thomas Jefferson, and Alexander Hamilton to Franklin Roosevelt, Dwight Eisenhower, and Ronald Reagan--have pursued an American way of strategy that minimizes the dangers of empire and anarchy by two means: liberal internationalism and realism. At its best, the American way of strategy is a well-thought-out and practical guide designed to preserve a peaceful and demilitarized world by preventing an international system dominated by imperial and militarist states and its disruption by anarchy. When American leaders have followed this path, they have led our nation from success to success, and when they have deviated from it, the results have been disastrous. Framed in an engaging historical narrative, the book makes an important contribution to contemporary debates. The American Way of Strategy is certain to change the way that Americans understand U.S. foreign policy.

The Economic Weapon

Author: Nicholas Mulder

Publisher: Yale University Press

Published: 2022-01-11

Total Pages: 449

ISBN-13: 0300262523

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The first international history of the emergence of economic sanctions during the interwar period and the legacy of this development Economic sanctions dominate the landscape of world politics today. First developed in the early twentieth century as a way of exploiting the flows of globalization to defend liberal internationalism, their appeal is that they function as an alternative to war. This view, however, ignores the dark paradox at their core: designed to prevent war, economic sanctions are modeled on devastating techniques of warfare. Tracing the use of economic sanctions from the blockades of World War I to the policing of colonial empires and the interwar confrontation with fascism, Nicholas Mulder uses extensive archival research in a political, economic, legal, and military history that reveals how a coercive wartime tool was adopted as an instrument of peacekeeping by the League of Nations. This timely study casts an overdue light on why sanctions are widely considered a form of war, and why their unintended consequences are so tremendous.