Should the Money Required to Pay the Expenses of the War Be Raised by Loans or by Taxes?

By William Newmarch

"Should The Money Required To Pay The Expenses Of The War Be Raised By Loans Or By Taxes?" examines the pivotal question of financing military conflict, a concern as relevant today as it was when first addressed by William Newmarch. This treatise delves into the economic implications of funding war through loans versus taxation, providing a historical perspective on the fiscal strategies employed by nations during times of conflict.

Newmarch meticulously analyzes the short-term and long-term effects of each approach, offering insights into the accumulation of national debt and the burden placed on future generations through loan-based financing. By contrasting this with the immediate impact of taxation, the work provides a framework for understanding the economic trade-offs inherent in wartime financial policy.

This work remains a valuable resource for economists, historians, and policymakers seeking to understand the complexities of war finance and its enduring consequences.

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• Format: Paperback
• Language: English
• ISBN: 1179927125
• ISBN13: 9781179927121
• Release Date: September 2011
• Publisher: Nabu Press
• Length: 60 Pages
• Weight: 0.28 lbs.
• Dimensions: 0.1" x 7.4" x 9.7"