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Depression, War, and Cold War

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by Robert Higgs

Challenging the Myths of Conflict and Prosperity

*See review: https://www.thenewamerican.com/reviews/books/1161


dollar
economy
prosperity
money
federal reserve

Depression, War, and Cold War

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Author, historian, and economist Robert Higgs offers an eye-opening interpretation of U.S. political economy from the early 1930s to the end of the cold War, and refutes many popular myths about the Great Depression and New Deal, the World War II economy, and the postwar national security state, still so pervasive today. What accounts for the duration of the Great Depression? What about "wartime prosperity" and whether World War II "got the economy out of the depression"? How did the War alter relations between government and leaders of big business? What is Congress's role in the military-industrial-congressional complex? With unique insight and keen analysis this book answers these and other crucial questions. (2006, 286pp, pb)

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