Two world wars in american economic history

Taylor Jaworski, Price V Fishback

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter reviews the evidence connecting World War II to US economic performance in the second half of the twentieth century. It emphasizes the substantial costs of mobilizing the economy for war and provides a brief discussion of the institutions created to manage the war effort. It then surveys four areas where research on the political economy of World War II has concentrated: (1) the rise of women’s labor participation, (2) the decrease in wage and wealth inequality, (3) the postwar growth miracle, and (4) the growth of government in American society. Economic historians and economists have provided important revisions in each area. Along the way, the chapter points in several directions for future research.

Original languageEnglish (US)
Title of host publicationThe Oxford Handbook of American Economic History
PublisherOxford University Press
Pages391-417
Number of pages27
Volume2
ISBN (Electronic)9780190882624
DOIs
StatePublished - Jan 1 2018

Keywords

  • Growth of government
  • Inequality
  • Mobilization
  • Political economy
  • Postwar
  • War
  • Women

ASJC Scopus subject areas

  • Arts and Humanities(all)

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