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From Central planning to the Market

The American Transition, 1945–1947

Datos Bibliográficos

ID10103493
AutoresRobert Higgs (0000-0003-2909-6555, Seattle University, autor de correspondencia)
Año1999
Volumen59
Número3
Páginas600-623
Fecha de publicación1999-09-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Journal of Economic History (JOURNAL)
Identificadores de la revistaISSN: 0022-0507 • E-ISSN: 1471-6372
EditorialCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050700023500
OpenAlexW1989634854
IdiomaEN
Citas recibidas10
Referencias citadas24

The orthodox view of U.S. reconversion after World War II relies on unacceptable GDP figures for the wartime economy and misinterprets the low level of unemployment during the war. For the postwar transtition, the emphasis on consumer demand financed by drawing down liquid assets accumulated during the war is inconsistent with the facts. The success of the transition depended on the reestablishement of “regime certainty,” which in turn depended on diminishing the influence of the more zealous New Dealers. Wartime and postwar political development created sufficient regime certainty for the postwar market system to generate genuine prosperity

Certainty · Economic growth · Economics · Macroeconomics · Market economy · Political science · Politics · Prosperity · Transition (genetics · Unemployment · World War II · Historical Economic and Social Studies · Italy: Economic History and Contemporary Issues · Law · Philosophy · Political and Economic history of UK and US

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    Open Access•Andrew Bossie•Cliometrica•2020

  • The forsaken road

    Open Access•João Pedro Bastos, Vincent Geloso et al.•Journal of Development Economics•2026

  • Net Exports and the Avoidance of High Unemployment During Reconversion, 1945–1947

    Open Access•Jason E Taylor, Bharati Basu et al.•The Journal of Economic History•2011

  • Wartime Socialization of Investment

    Robert Higgs•The Journal of Economic History•2004

  • The myth of wartime prosperity

    Open Access•Vincent Geloso, Casey Pender•Social Science Quarterly•2023

  • Introduction to special issue of explorations in economic history on the impacts of World War II on the U.S. economy

    Open Access•William J Collins, William Collins et al.•Explorations in Economic History•2025

  • Wars and American Politics

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  • Human action

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  • The Economics of World War II

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  • Public Opinion, 1935-1946

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  • Out of Work

    Robert A Margo, Richard Vedder et al.•Industrial and Labor Relations…•1994

  • Crisis and Leviathan

    Hugh Rockoff, Robert Higgs•The Economic History Review•1988

Obras citantes distintas10
Citas por año0,45
Intervalo de citas2004 - 2026 (23)
Velocidad de citacióncurrent
Altamente citadoNo
Tipos de citaNeutras: 10
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