Direct and Indirect Costs of the Great World War (Paperback)

Originally published in 1919. Foreword; The cost of war is measured in loss of life, destruction of property, loss of economic efficiency and prestige, and lowering of normal standards of consumption along many lines. It is impossible to appraise such varied values by any unit of measurement, and some of them are clearly not reducible to monetary valuation. In the following pages the direct outlays of the governments, which are matters of usual financial procedure, may be said to be fairly accurate......This early works is a fascinating look at the subject and will appeal greatly to any economics or history student. Many of the earliest books, particularly those dating back to 1900's and before, are now extremely scarce and increasingly expensive. We are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork.