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Paperback A Political Economy of American Hegemony: Buildups, Booms, and Busts Book

ISBN: 1107462800

ISBN13: 9781107462809

A Political Economy of American Hegemony: Buildups, Booms, and Busts

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Format: Paperback

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Book Overview

In A Political Economy of American Hegemony, Thomas Oatley explores how America's military buildups have produced postwar economic booms that have culminated in monetary and financial crises. The 2008 subprime crisis - as well as the housing bubble that produced it - was the most recent manifestation of this buildup, boom, and bust cycle, developing as a consequence of the decision to deficit-finance the wars in Afghanistan and Iraq. Earlier instances...

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