The Great Disorder: Politics, Economics, and Society in the German Inflation, 1914-1924

ISBN-13: 9780195101140 / Angielski / Miękka / 1997 / 1040 str.

Gerald D. Feldman

Opis

This book presents a comprehensive study of the most famous and spectacular instance of inflation in modern industrial society--that in Germany during and following World War I. A broad, probing narrative, this book studies inflation as a strategy of social pacification and economic reconstruction and as a mechanism for escaping domestic and international indebtedness. The Great Disorder is a study of German society under the tension of inflation and hyperinflation, and it explores the ways in which Germany's hyperinflation and stabilization were linked to the Great Depression and the rise of National Socialism. This wide-ranging study sets German inflation within the broader issues of maintaining economic stability, social peace, and democracy and thus contributes to the general history of the twentieth century and has important implications for existing and emerging market economies facing the temptation or reality of inflation.

Recenzje

the reader ... has probably the most complete account of German economic history for the decade beginning with the Grat War and ending in the Great Inflation ... Feldman has written a brilliant synopsis of a complex of politico-economic processes which set Germany on the path to hyperinflation. Feldman's own solution to this problem has resulted in what is no doubt going to become a classic for the next generation. His analysis combines intriguing new insights with the deployment of an almost unsurmountable amount of archival evidence, in the process revealing remarkable skills at explaining German social norms and institutions to an Anglo-Saxon audience in a very easy and natural way.