WARTIME PROSPERITY - A REASSESSMENT OF THE UNITED-STATES-ECONOMY IN THE 1940S

被引:67
作者
HIGGS, R [1 ]
机构
[1] SEATTLE UNIV,CTR STUDY SOCIAL DYNAM,SEATTLE,WA 98122
关键词
D O I
10.1017/S0022050700010251
中图分类号
F [经济];
学科分类号
02 ;
摘要
Relying on standard measures of macroeconomic performance, historians and economists believe that "war prosperity" prevailed in the United States during World War II. This belief is ill-founded, because it does not recognize that the United States had a command economy during the war. From 1942 to 1946 some macroeconomic performance measures are statistically inaccurate; others are conceptually inappropriate. A better grounded interpretation is that during the war the economy was a huge arsenal in which the well-being of consumers deteriorated. After the war genuine prosperity returned for the first time since 1929.
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页码:41 / 60
页数:20
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