The Impact of War on Resource Allocation: 'Creative Destruction' and the American Civil War
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What is the effect of wars on industrialization, technology and commercial activity? In economic terms, such events as wars comprise a large exogenous shock to labor and capital markets, aggregate demand, the distribution of expenditures, and the rate and direction of technological innovation. In
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美国国家经济研究局创建时间：
2015-02-01
