Paper and Iron : Hamburg Business and German Politics in the Era of Inflation, 1897-1927 (Hardcover)

Author: Ferguson, Niall

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Product Overview

A challenge to the prevailing view that there was no alternative to the inflationary economic policies of Weimar Germany.

Specifications

Publisher Cambridge University Press
Mfg Part# 9780521470162
SKU 30775993
Format Hardcover
ISBN10 0521470161
Release Date 4/16/2007
Sales Rank 10724
Physical
Dimensions (in Inches) 9.5H x 6.25L x 1.25T
Praise
"Ferguson's case for the traumatic moral impact of inflation is utterly persuasive...one of the book's many strengths is the weaving of personal and family histories, often drawn from unpublished correspondence, into the larger argument. Using these, Ferguson sensitively reconstructs the values, fears and inner tribulations of Hamburg's embattled bourgeois elite."
From the Publisher
Annotation The author argues that inflation was an economic and political disaster, and that alternative economic policies could have stabilized the German currency in 1920. This book therefore not only reveals the Wilhelmine origins of Weimar's failure: it also casts a new light on the origins of the Third Reich.
Editors Note Few economic events have had the impact of German hyperinflation in 1923, still remembered as a root cause of Hitlers rise to power; yet in recent years historians have defended the inflationary policies adopted after 1918. Niall Ferguson takes a different view. He argues that inflation was an economic and political disaster, and that alternative economic policies could have stabilized 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 from the 1890s. The book therefore not only reveals the Wilhelmine origins of Weimar's failure: it also casts new light on the origins of the Third Reich.
Editors Note 2 Few economic events have had the impact of German hyperinflation in 1923, still remembered as a root cause of Hitler's rise to power; yet in recent years historians have defended the inflationary policies adopted after 1918. Niall Ferguson takes a different view. He argues that inflation was an economic and political disaster, and that alternative economic policies could have stabilized 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 from the 1890s. The book therefore not only reveals the Wilhelmine origins of Weimar's failure: it also casts new light on the origins of the Third Reich.
Product Attributes
Book Format Hardcover
Number of Pages 0556
Publisher Cambridge University Press
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$175.85 + free shipping
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Format: Hardcover
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