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The Hungarian émigré economist Nicholas Kaldor, a member of the USSBS team, argued that the critical factors in choosing economic targets were the degree of “cushion,” the degree of “depth,” and the degree of “vulnerability.” The first was governed by the existing elasticity of the economy in terms of finding additional or substitute resources for those lost to bombing; the second measured the extent to which a particular product or resource was close to actual military use, since the farther back in the production chain, the longer the time before bombing would affect military performance; ...more
The Bombers and the Bombed: Allied Air War Over Europe 1940-1945
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