U.S. productive capacity available for increasing defense and foreign aid procurement

John A. Pincus

ResearchPublished 1961

A 1961 attempt to determine how much of possible increases in annual U.S. defense and foreign aid expenditures could be supported by fuller use of existing capacity, rather than by decrease in consumption expenditures. The author concludes that, if the U.S. economy of the previous decade continued relatively unchanged through the sixties, capacity would continue to outrun demand, and military and foreign aid expenditures could be increased by several billion dollars annually without reduction in living standards.

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Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1961
  • Pages: 64
  • Document Number: RM-2843-PR

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Pincus, John A., U.S. productive capacity available for increasing defense and foreign aid procurement. Santa Monica, CA: RAND Corporation, 1961. https://www.rand.org/pubs/research_memoranda/RM2843.html.
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