{"title":"Alexander J. Field","description":"\u003cp\u003e\u003cstrong\u003eAlexander J. Field\u003c\/strong\u003e offers insightful explorations into economic history and policy, with a particular emphasis on the impacts of large-scale events such as wartime mobilisation. His works delve into nuanced analyses of economic consequences, providing readers with a deep understanding of historical economic shifts and their lasting effects.\u003c\/p\u003e\n\n\u003cp\u003eIdeal for students and enthusiasts of \u003cem\u003eEducation \u0026amp; Reference\u003c\/em\u003e, Field’s books combine rigorous research with accessible narrative to illuminate complex economic phenomena. These titles are valuable resources for those seeking to comprehend the interplay between economics and historical development.\u003c\/p\u003e","products":[{"product_id":"the-economic-consequences-of-us-mobilization-for-the-second-world-war-by-alexander-j-field-9780300276718","title":"The Economic Consequences of U.S. Mobilization for the Second World War","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cem\u003eThe Economic Consequences of U.S. Mobilization for the Second World War\u003c\/em\u003e serves as a reminder that war is not always, or even generally, good for long-term growth.\u003c\/p\u003e\n\n\u003cp\u003eMany believe that despite its destructive character, war ultimately boosts long-term economic growth. For the United States, this view is often supported by the experience of the Second World War, understood as a triumph of both production and productivity. However, Alexander Field shows that between 1941 and 1945, manufacturing productivity actually declined. This decline was depressed by changes in the output mix and resource shocks from enemy action, including curtailed access to natural rubber and, on the Eastern Seaboard, petroleum. The war forced a shift away from producing goods in which the country had a great deal of experience towards those in which it had little.\u003c\/p\u003e\n\n\u003cp\u003eLearning by doing was only a partial counterbalance to the intermittent idleness and input hoarding that characterised a shortage economy and dragged down productivity. The conflict distorted human and physical capital accumulation, and once it ended, America stopped producing most of the new goods. The war temporarily shut down basic scientific research and the ongoing development of civilian goods. U.S. world economic dominance in 1948, Field shows, was due less to the experience of making war goods and more to the country’s productive potential in 1941.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47432883405036,"sku":"9780300276718","price":54.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780300276718.jpg?v=1774766210"}],"url":"https:\/\/bookhero.co.nz\/collections\/alexander-j-field.oembed","provider":"Book Hero","version":"1.0","type":"link"}