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Title: The Impact of War on Resource Allocation: Creative Destruction, Patenting, and the American Civil War

Citation Type: Journal Article

Publication Year: 2016

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Abstract: The relationship between war and technology has long attracted scholarly debate between those who argue that armed conflict boosts economic activity and those who maintain that wars have a deleterious effect. Sombart, who originated the concept of creative destruction, provided the classic exposition of the idea that wars stimulate industrialization and technological change. Charles and Mary Beard presented their own version of this thesis when they argued that the American Civil War promoted the economic prosperity of the Northern economy. More recently, Parker attributed the triumph of the West to an aggressive and technologically innovative military tradition. By contrast, Nef proposed that wars had negative consequences that extended beyond the obvious costs of mortality and injuries, or the opportunity cost of mobilizing labor and other resources for the military

Url: https://muse.jhu.edu/article/600526/pdf

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Authors: Khan, Zorina

Periodical (Full): Journal of Interdisciplinary History

Issue: 3

Volume: 46

Pages: 315-352

Data Collections: IPUMS USA

Topics: Family and Marriage, Other

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