Paper and Iron

Hamburg Business and German Politics in the Era of Inflation, 1897 1927

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Hardcover | 26 June 1995

At a Glance

Hardcover
556 Pages

Dimensions(cm)
22.86 x 15.24 x 3.51

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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 in recent years 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 new light on the origins of the Third Reich.

Industry Reviews

'... meticulously researched and closely argued ... Ferguson performs some admirable detective work in reconstructing the emergence and transmission of a revisionist argument ... a brilliant and evocative analysis ...' Christopher Clark, The Times Literary Supplement

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You Can Find This Book In

Non-Fiction Earth Sciences, Geography, Environment, Planning Geography Human Geography Economic Geography History Regional & National History European History Economics Economic History Development Economics & Emerging Economies

List of figures
Preface
List of abbreviations
Introduction
Golden years
The sinews of war
The political economy of revolution
Versailles and Hamburg
Relative stabilisation
The failure of 'fulfilment'
Dissolution and liquidation
The legacy of the inflation
Epilogue: Hitler's inflation
Appendix
Bibliography
Index
Table of Contents provided by Publisher. All Rights Reserved.

Paper and Iron

Hamburg Business and German Politics in the Era of Inflation, 1897 1927

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

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