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An Approach to the Problem of War Finance

Bibliographic Data

ID9747368
AuthorsJohn T Flynn (0009-0007-5858-6613, City of New York, corresponding author)
Year1936
Volume183
Issue1
Pages217-222
Publication date1936-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Annals of the American Academy of Political and Social Science (JOURNAL)
Journal identifiersISSN: 0002-7162 • E-ISSN: 1552-3349
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/000271623618300129
OpenAlexW1997849809
LanguageEN

W AR, whether we are for it or against it, when it arrives presents the finance minister with a problem in public finance. War costs money. Modern wars cost infinitely more than the old-fashioned war which was a smallscale combat between mercenary soldiers. The finance minister is confronted from the moment the quarrel deepens toward hostilities with the grim business of setting up devices for producing the funds needed to pay soldiers and buy munitions and other war supplies. These funds can be provided in only three ways-by taxes, by borrowing, or by tribute on the conquered foe

Economic history · Economics · Political science · Public finance · Spanish Civil War · Tribute · Defense, Military, and Policy Studies · Finance · Law

Citation velocityhistorical
Highly citedNo

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