How States Pay for Wars
How States Pay for Wars

Author: Rosella Cappella Zielinski

Publisher: Cornell University Press

Published: 2016-07-11

Total Pages: 206

ISBN-13: 1501706519

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Armies fight battles, states fight wars. To focus solely on armies is to neglect the broader story of victory and defeat. Military power stems from an economic base, and without wealth, soldiers cannot be paid, weapons cannot be procured, and food cannot be bought. War finance is among the most consequential decisions any state makes: how a state finances a war affects not only its success on the battlefield but also its economic stability and its leadership tenure. In How States Pay for Wars, Rosella Cappella Zielinski clarifies several critical dynamics lying at the nexus of financial and military policy.Cappella Zielinski has built a custom database on war funding over the past two centuries, and she combines those data with qualitative analyses of Truman's financing of the Korean War, Johnson’s financing of the Vietnam War, British financing of World War II and the Crimean War, and Russian and Japanese financing of the Russo-Japanese War. She argues that leaders who attempt to maximize their power at home, and state power abroad, are in a constant balancing act as they try to win wars while remaining in office. As a result of political risks, they prefer war finance policies that meet the needs of the war effort within the constraints of the capacity of the state.

How States Pay for Wars
How States Pay for Wars

Author: Rosella Cappella Zielinski

Publisher: Cornell University Press

Published: 2016-07

Total Pages: 206

ISBN-13: 1501705962

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Armies fight battles, states fight wars. To focus solely on armies is to neglect the broader story of victory and defeat. Military power stems from an economic base, and without wealth, soldiers cannot be paid, weapons cannot be procured, and food cannot be bought. War finance is among the most consequential decisions any state makes: how a state finances a war affects not only its success on the battlefield but also its economic stability and its leadership tenure. In How States Pay for Wars, Rosella Cappella Zielinski clarifies several critical dynamics lying at the nexus of financial and military policy. Cappella Zielinski has built a custom database on war funding over the past two centuries, and she combines those data with qualitative analyses of Truman’s financing of the Korean War, Johnson’s financing of the Vietnam War, British financing of World War II and the Crimean War, and Russian and Japanese financing of the Russo-Japanese War. She argues that leaders who attempt to maximize their power at home, and state power abroad, are in a constant balancing act as they try to win wars while remaining in office. As a result of political risks, they prefer war finance policies that meet the needs of the war effort within the constraints of the capacity of the state.

Paying for a World War: The United States Financing of World War II
Paying for a World War: The United States Financing of World War II

Author: Jarvis Means Morse

Publisher: Palala Press

Published: 2018-02-20

Total Pages: 350

ISBN-13: 9781378280997

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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Paying for Hitler's War
Paying for Hitler's War

Author: Jonas Scherner

Publisher: Cambridge University Press

Published: 2016-03-21

Total Pages: 477

ISBN-13: 1107049709

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Paying for Hitler's War is a comparative economic study of twelve Nazi-occupied countries during World War II.

The Real Price of War
The Real Price of War

Author: Joshua S. Goldstein

Publisher: NYU Press

Published: 2005-09-01

Total Pages: 240

ISBN-13: 081473328X

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Calculates and expounds on the costs to individual Americans of the War on Terror Are Americans in denial about the costs of the War on Terror? In The Real Price of War, Joshua S. Goldstein argues that we need to face up to what the war costs the average American—both in taxes and in changes to our way of life. Goldstein contends that in order to protect the United States from future attacks, we must fight—and win—the War on Terror. Yet even as President Bush campaigns on promises of national security, his administration is cutting taxes and increasing deficit spending, resulting in too little money to eradicate terrorism and a crippling burden of national debt for future generations to pay. The Real Price of War breaks down billion-dollar government expenditures into the prices individual Americans are paying through their taxes. Goldstein estimates that the average American household currently pays $500 each month to finance war. Beyond the dollars and cents that finance military operations and increased security within the U.S., the War on Terror also costs America in less tangible ways, including lost lives, reduced revenue from international travelers, and budget pressures on local governments. The longer the war continues, the greater these costs. In order to win the war faster, Goldstein argues for an increase in war funding, at a cost of about $100 per household per month, to better fund military spending, homeland security, and foreign aid and diplomacy. Americans have been told that the War on Terror is a war without sacrifice. But as Goldstein emphatically states: “These truths should be self-evident: The nation is at war. The war is expensive. Someone has to pay for it.”

A Hercules in the Cradle
A Hercules in the Cradle

Author: Max M. Edling

Publisher: University of Chicago Press

Published: 2014-11-27

Total Pages: 331

ISBN-13: 022618160X

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Two and a half centuries after the American Revolution the United States stands as one of the greatest powers on earth and the undoubted leader of the western hemisphere. This stupendous evolution was far from a foregone conclusion at independence. The conquest of the North American continent required violence, suffering, and bloodshed. It also required the creation of a national government strong enough to go to war against, and acquire territory from, its North American rivals. In A Hercules in the Cradle, Max M. Edling argues that the federal government’s abilities to tax and to borrow money, developed in the early years of the republic, were critical to the young nation’s ability to wage war and expand its territory. He traces the growth of this capacity from the time of the founding to the aftermath of the Civil War, including the funding of the War of 1812 and the Mexican War. Edling maintains that the Founding Fathers clearly understood the connection between public finance and power: a well-managed public debt was a key part of every modern state. Creating a debt would always be a delicate and contentious matter in the American context, however, and statesmen of all persuasions tried to pay down the national debt in times of peace. A Hercules in the Cradle explores the origin and evolution of American public finance and shows how the nation’s rise to great-power status in the nineteenth century rested on its ability to go into debt.

The Economics of World War I
The Economics of World War I

Author: Stephen Broadberry

Publisher: Cambridge University Press

Published: 2005-09-29

Total Pages: 363

ISBN-13: 1139448358

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This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

Paying for a World War
Paying for a World War

Author: Jarvis M. Morse

Publisher:

Published: 2015-07-12

Total Pages: 348

ISBN-13: 9781331224877

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Excerpt from Paying for a World War: The United States Financing of World War II On May 1, 1941, the first U. S. Savings Bond of Series E was sold by the Secretary of the Treasury, Henry Morgenthau, Jr., to the President of the United States, Franklin Delano Roosevelt. On January 3, 1946, the last dollar of Savings Bonds sold during the Victory Loan was deposited to the account of the Treasurer of the United States. Between those two dates the War Finance Committees of the Treasury, and their predecessor organizations, were responsible for selling a total of $185.7 billions of securities to finance the war. The story of these sales - the greatest mass selling achievement in history - will be here told as far as it can be set down in words. The real story of War Finance defies relation. An approximation of its full breadth and depth would run to thousands of pages, for it is the story of hundreds of thousands of people throughout the continental United States, Alaska, Hawaii and Puerto Rico. It is the story of a small band of leaders in headquarters who advised and guided a few paid workers throughout the nation, the two groups together heading up in the incalculable labors of patriotic volunteers in every community of the land. It is a story embracing every color, creed and condition of men, women and children throughout the American scene. The Treasury's war finance operations were the product of experience reaching back to the American Revolution, during which the earliest attempts were made to sell government securities to the public. Not until the Liberty Loan and War Savings campaigns of World War I, however, was any program developed likely to achieve the goal which the Secretary of the Treasury had in mind at the outset of World War II. The Defense Savings Staff, first of the War Finance organizations, was created in March, 1941, to meet both the Treasury's need for funds and to help unite many diverse and conflicting groups in the country into a strong program of national defense. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.