The Requirements of a War Economy

THE title Requirements of a War Economy might seem to imply simply a statement of the theory upon which a war economy should be built and according to which that kind of economy should be operated. Instead of that kind of abstract approach I have preferred to attack the problem more concretely. In order to do so I shall discuss the subject from the viewpoint of the actual problems we have to meet in trying to administer an economy which is for practical purposes a war economy. In so doing I shall deal not only with theory, but with actual statistical data. Inevitably my choice of subject matter and method of treatment are largely influenced and conditioned by the type of problem with which I have to deal in the Office of Price Administration and Civilian Supply. Even so, this does not greatly limit my field since almost all sections of the economy affect or are affected by the factors which come under the purview of O.P.A.C.S. The most basic characteristic of a true

Economic system · Economics · Political science · Defense, Military, and Policy Studies