Inhaltsangabe
Excerpt from Direct Costs of the Present War
However, a study of the costs of the war is interesting and important from another viewpoint. It helps us more easily to determine not only the burden we are creating for ourselves and our posterity, but it assists us in deciding how great a propor tion of our expenditures may well come from taxation rather than loans. Of course, there is a limit to income from the former source even in pace time. We can not without disaster push tax ation to the impairment of capital; but this limit, after all, is somewhat elastic.
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Direct Costs of the Present War (Classic Reprint)
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Paperback. Zustand: New. Print on Demand. This book provides an in-depth examination of the economic costs of World War I, focusing on the direct outlays of the major belligerent nations from 1914 to 1917. Drawing on a range of primary sources, the author presents meticulous estimates of these costs, shedding light on the staggering financial burden incurred by the warring nations. The book delves into the strategies employed by different countries to finance the war, highlighting the reliance on loans, taxation, and monetary expansion. It explores the impact of the war on public finances, revealing the challenges of balancing military expenditures with the need to maintain essential services. Beyond its historical significance, this book offers insights into the broader themes of war financing and its consequences. It illuminates the economic factors that shape military decision-making and the long-term implications of large-scale government borrowing and debt accumulation. By providing a detailed account of the economic costs of World War I, this book serves as an essential resource for historians, economists, and anyone seeking to understand the profound financial consequences of modern warfare. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781528209908_0
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Direct Costs of the Present War (Classic Reprint)
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Direct Costs of the Present War (Classic Reprint)
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781528209908
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