Arms, Revenue, and Entitlements

Discover the intricate relationship between defense spending, taxation, and entitlement policies in Arms, Revenue, and Entitlements: U.S. Deficits in the Cold War, 1945-1991 by William Mannen. Published by Bloomsbury Publishing Plc in 2020, this insightful hardback spans 198 pages and delves into how these factors contributed to the U.S. government's shift towards a deficit-normative stance during the Cold War. Mannen presents a compelling argument that only a comprehensive approach can effectively address and mitigate deficits in the twenty-first century. This book is essential reading for anyone interested in finance, public policy, and the historical implications of government spending. Gain a deeper understanding of the economic challenges faced by the United States during a pivotal period in history and explore potential solutions for the future.