The Costs and Finances of World War I According to Eli F. Heckscher
Heckscher published in 1915 a book on the economics of World War I in Swedish. He analyzed the costs and the finances of war along similar lines as his contemporary Pigou (1916). Heckscher reached farther by making a distinction between the short and the long-run costs of war. He also provided a com...
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| Format: | Article |
| Language: | English |
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Association Œconomia
2016-12-01
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| Series: | Œconomia |
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| Online Access: | http://journals.openedition.org/oeconomia/2454 |
| Summary: | Heckscher published in 1915 a book on the economics of World War I in Swedish. He analyzed the costs and the finances of war along similar lines as his contemporary Pigou (1916). Heckscher reached farther by making a distinction between the short and the long-run costs of war. He also provided a comprehensive theoretical and empirical analysis of the sources of funds for war finance, including a pioneering analysis of the inflation tax. |
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| ISSN: | 2113-5207 2269-8450 |