Was ``V' for Victory or Votes? A Public Choice Analysis of World War II Federal Spending |
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Authors: | Bateman Fred Taylor Jason E. |
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Affiliation: | 1. Terry College of Business, The University of Georgia, Athens, GA, 30602, U.S.A. 2. Department of Economics, The University of Virginia, Charlottesville, VA, 22903, U.S.A.
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Abstract: | Several studies on the New Deal have found that politicalfactors played a significant role in determining 1930s federalspending. This suggests that federal spending was not capturedby special interest groups and self-interested politiciansrecently, but rather, that it has been affected by thesefactors since the ``era of big government'' began. We examinethe military emergency of the 1940s to determine whetherfederal spending during this crisis was similarly affected bypolitics. |
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