Econ history paper

Nate Pery/⒏ erra Hooii/Mishaela Chavez

Economic ofthe CivⅡ War

The econoⅡ1ics ofthe CivⅡ War and the subsequent econoFnic impact post-war has been

the m叼 ect ofslgm丘cant debate。 UntⅡ 伍e late20伍 centtIry,伍 e prevailing V忆 w amongst

economic historians was that the CivⅡ War caused Fnassive changes in industrk吐 development

and goverlment powe△ causing a signi丘 cant Ⅱse in the lJs economy。 The‘ ‘ Beard-Hacker

Thesis” beca1ne伍 e most accepted interpretation ofthe CivⅡ Wx,ckuming that the‘ ‘ s“king

acⅡevement wasthe饣 iumph ofindustrhl cap⒒ al“m” (Hacker1940∶ 373)。

Later1Ⅱ storians carne to think that perha/ps the war effort was the cause】 or eoonomic

stimulus,and by the late20伍 centu1γ econom忆 h灬tooans began to analyze re红 onal econom忆

grOwth and delved into more research into the econoⅡ lic impact ofslavery and the political

issues the precluded the CivⅡ War.

Ow presentation will focus on伍 e fol】rm句or∞mponents studied by economic historians

when analyzing the CivⅡ War:the“econoⅡⅡc” causes ofthe、 va△ the cost ofthe War;the

flnancing ofthe wa吒 and an ex钔匝nation ofthe Hackerˉ Beard Thes`。

Bibili帜raDhv

Hacker,Lovos。 饧 c rrj勿俐 砀 。r/昭 召rjc曰刀 C叩 j多

?`泌昭 r·砀 召DεvcJop阴 纟刀 `o/Fo`Ces力

叼/昭召rjc曰刀

正乃orov ro砌召E刀歹o/砀cA″刀纟″召刀砀 CV刀∫勿v。 New York:Columbia U血 versity Press,1940

Goldn,Claudh Dale。 "The Economos ofEmanopaton。 "Jo叨叨刃 o/Ec@刀 @昭jc历srov33

(1973):66-85.

Goldin,Claudia,and Frank Le讷 哇s。 "The Eoonornic Costs of伍 e American Civil War:Estinlates

and Implic缸ons。 "Jo勿r刀曰

`o/助 o刀0昭 Jc f刀s匆r9/35(1975):⒛9ˉ326.

Gunderson,Gerald."The oogin ofthe American Civil War。 "Jo勿r刀曰

`o/助 o刀0昭 jc f乃0rov34

(1974):915-950.

Ransom,Roger。 "Economics ofthe CivⅡ Wa卩 。EH。Net Encyclopedia,ed⒒ ed by Robert

Whaples。 August25,2001。 URL httD∶〃eh。net/encvclo° edia/剐吐cle/ransom。 civⅡ 。war。us