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The Costs and Finances of World War I According to Eli F. Heckscher

By Klas Fregert

Abstract

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

Topics: Heckscher (Eli F.), World War I, war costs, war finance, inflation tax, Social Sciences, H
Publisher: Association Ĺ’conomia
Year: 2016
DOI identifier: 10.4000/oeconomia.2454
OAI identifier: oai:doaj.org/article:fd9dd60926474c2c89c8ab73cb2b3175
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