Defense Without Inflation is a book written by Albert Gailord Hart in 1951. The book focuses on the economic challenges faced by the United States during the post-World War II period. Hart argues that the traditional approach to defense spending, which involved increasing government expenditures and printing more money, would lead to inflation and other economic problems. Instead, he proposed a new approach that focused on reducing government spending and increasing productivity in the private sector.Hart's argument is based on the idea that inflation is caused by an increase in the money supply, which leads to higher prices and reduced purchasing power. He suggests that the government should focus on reducing its spending on non-essential programs and redirecting those funds towards defense spending. This would reduce the need for printing more money and help to keep inflation under control.The book also explores the role of productivity in the economy. Hart argues that increasing productivity in the private sector is essential for maintaining economic growth and stability. He suggests that the government should encourage businesses to invest in new technologies and processes that can increase productivity and reduce costs.Overall, Defense Without Inflation is a thought-provoking book that offers a unique perspective on the economic challenges faced by the United States during the post-World War II period. It provides a valuable insight into the role of government spending and productivity in maintaining a stable and prosperous economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
