Debt and Taxes in Eight U.S. Wars and Two Insurrections
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From decompositions of U.S. federal fiscal accounts from 1790 to 1988, we describe differences and patterns in how expenditure surges were financed during 8 wars between 1812 and 1975. We also study two insurrections. We use two benchmark theories of optimal taxation and borrowing to frame a
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美国国家经济研究局创建时间：
2020-05-01
