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Focusing on the German hyperinflation of 1923, the book challenges the prevailing view that inflationary policies were beneficial to post-World War I Germany. Niall Ferguson highlights the detrimental effects of hyperinflation on the economy, arguing it weakened bourgeois society and undermined the Weimar welfare state without alleviating reparations. He explores the long-standing political and economic flaws that prevented alternative stabilization policies, linking these issues to the eventual rise of the Third Reich and the failures of the Weimar Republic.
Nákup knihy
Paper and Iron, Niall Ferguson
- Jazyk
- Rok vydania
- 2007
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- (pevná)
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- Titul
- Paper and Iron
- Podtitul
- Hamburg Business and German Politics in the Era of Inflation, 1897 1927
- Jazyk
- anglicky
- Autori
- Niall Ferguson
- Vydavateľ
- Cambridge University Press
- Rok vydania
- 2007
- Väzba
- pevná
- Počet strán
- 556
- ISBN13
- 9780521470162
- Kategórie
- Podnikanie a ekonómia
- Anotácia
- Focusing on the German hyperinflation of 1923, the book challenges the prevailing view that inflationary policies were beneficial to post-World War I Germany. Niall Ferguson highlights the detrimental effects of hyperinflation on the economy, arguing it weakened bourgeois society and undermined the Weimar welfare state without alleviating reparations. He explores the long-standing political and economic flaws that prevented alternative stabilization policies, linking these issues to the eventual rise of the Third Reich and the failures of the Weimar Republic.