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Item Details
| Title:
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PAPER AND IRON
HAMBURG BUSINESS AND GERMAN POLITICS IN THE ERA OF INFLATION, 1897-1927 |
| By: |
Niall Ferguson |
| Format: |
Electronic book text |
| List price:
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£85.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0511523580 |
| ISBN 13: |
9780511523588 |
| Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
| Pub. date: |
14 October, 2009 |
| Description: |
This study presents a challenge to the prevailing view that there was no alternative to the inflationary economic policies of Weimar Germany. |
| Synopsis: |
Few economic events have had a more profound or enduring impact than the German hyperinflation of 1923, still remembered popularly as a root cause of Hitler's rise to power. Yet many historians have argued that inflationary policies were, on balance, advantageous to post-1918 Germany, both boosting growth and helping to reduce reparations. The scholarly consensus is that there was no viable alternative to inflation. In Paper and Iron Niall Ferguson takes a different view. He argues that inflation was indeed an economic and political disaster, and further that there were alternative economic policies which could have stabilised the German currency in 1920. To explain why these were not adopted he points to long-term defects in the political institutions of the Reich which went back as far as the 1890s and which persisted beyond 1918. The book therefore reveals the Wilhelmine origins of Weimar's failure, as well as casting light on the origins of the Third Reich. |
| Publication: |
UK |
| Imprint: |
Cambridge University Press (Virtual Publishing) |
| Returns: |
Non-returnable |
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