What role did economics play in leading the United States into the Civil
War in the 1860s, and how did the war affect the economies of the North
and the South? Tariffs, Blockades, and Inflation uses contemporary
economic analyses such as supply and demand, modern market theory, and
the economics of politics to interpret events of the Civil War.
Simplifying the sometimes complex intricacies of the subject matter,
Thornton and Ekelund have penned a nontechnical primer that is
jargon-free and accessible. Tariffs, Blockades, and Inflation also takes
a comprehensive approach to its topic. It offers a cohesive and a
persuasive explanation of the how, what, and why behind the many factors
at work on both sides of the contest. While most books only delve into a
particular aspect of the war, this title effectively bridges the gap by
offering an all-encompassing, yet relatively brief, introduction to the
essential economics of the Civil War. This book starts out with a look
at the reasons for the beginning of the Civil War, including explaining
why the war began when it did. It then examines the economic realities
in both the North and South. Also covered are the different financial
strategies implemented by both the Union and the Confederacy to fund the
war and the reasons behind what ultimately led to Southern defeat.
Finally, the economic effect of Reconstruction is discussed, including
the impact it had on the former slave population.
Thornton and Ekelund have contributed an overdue examination of the
Civil War that will impart to students a modern way to better comprehend
the conflict. Tariffs, Blockades, and Inflation offers fresh,
penetrating insights into this pivotal event in American history.
