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The Burden of War and Future Generations

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  • A. C. Pigou

Abstract

Burdens of war are objective and subjective, 242. — Costs resulting from destruction, and cost of maintaining the fighting forces, 243. — Choice between rival ways of financing a war, 245. — Different effects of the levy plan and the loan plan, 247. — The assumed burden of a loan to the lender, 249. — Subjective burdens of levy and loan methods, 252. — Conclusion, 254.

Suggested Citation

  • A. C. Pigou, 1919. "The Burden of War and Future Generations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 33(2), pages 242-255.
    • Handle: RePEc:oup:qjecon:v:33:y:1919:i:2:p:242-255.
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    File URL: http://hdl.handle.net/10.2307/1884734
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    Cited by:

    1. Koenig, Christoph, 2023. "Loose Cannons: War Veterans and the Erosion of Democracy in Weimar Germany," The Journal of Economic History, Cambridge University Press, vol. 83(1), pages 167-202, March.
    2. Caruso Raul & Di Domizio Marco, 2015. "The Impact of US Military Spending on Public Debt in Europe (1992–2013): A Note," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 21(4), pages 459-466, December.

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