Name: The Economic Consequences of U.S. Mobilization for the Second World War (en Inglés)
Price: 145666.00 COP
Availability: InStock
Author: Field, Alexander J.
ISBN: 9780300276718

portada The Economic Consequences of U.S. Mobilization for the Second World War (en Inglés)

Formato

Libro Físico

Autor

Alexander J. Field

Editorial

Yale University Press

Idioma

Inglés

N° páginas

466

Encuadernación

Tapa Blanda

Dimensiones

23.4 x 15.9 x 3.2 cm

Peso

0.59 kg.

ISBN13

9780300276718

Categorías

Estados unidos de américa
Segunda guerra mundial - (c. 1939-c. 1945)
Historia de la economía
Historia de américa
Segunda guerra mundial

The Economic Consequences of U.S. Mobilization for the Second World War (en Inglés)

Alexander J. Field (Autor) · Yale University Press · Tapa Blanda

Libro Físico

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Reseña del libro "The Economic Consequences of U.S. Mobilization for the Second World War (en Inglés)"

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.