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In times of economic crisis austerity becomes a rallying cry, but what does history tell us about its chances for success?
Austerity is at the center of political debates today. Its defenders praise it as a panacea that will prepare the ground for future growth and stability. Critics insist it will precipitate a vicious cycle of economic decline, possibly leading to political collapse. But the notion that abstinence from consumption brings benefits to states, societies, or individuals is hardly new. This book puts the debates of our own day in perspective by exploring the long...

Prussian discipline is legendary. Central to debates about modern German history is the view that an oppressive Prussian state cast a shadow on the development of civil society. In particular, historians have seen the absence of a revolution in the eighteenth century as a symptom of a delayed and incomplete emancipation of the Prussian bourgeoisie. Prussia's urban dwellers have often been portrayed as poor relations of the self-reliant and assertive bourgeois of Western Europe and the Atlantic world. Economically backward and politically oppressed, they were allegedly in no position to...