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Originally published in 1940, this book remains an illuminating and forceful survey of the economic development of modern Germany. It reveals for the first time the basic trends of German business enterprise towards central control. This survey makes three important factors clear. Firstly, the continuity in the underlying trends of German history; secondly the characteristic prevalence of 'statism' in German history; thirdly, Nazism cannot be explained on purely economic grounds: no other county showed such a striking sequel of ups and downs as that which this book illustrates in the economic history of the late 19th and early 20th centuries.
“The World in Depression is the best book on the subject, and the subject, in turn, is the economically decisive decade of the century so far.”—John Kenneth Galbraith
First published in 1997, this book analyses some of the key economic issues facing Europe in the interwar period, against the uncertain international, political and economic background of the time. Among the subjects discussed are the legacy of the peace settlements, inflation, trade and reconstruction, international lending, depression and recovery, the position of Eastern and Central Europe, and the progress of the peripheral nations. The book contends that the peace treaties raised more problems than they solved, while the policy mistakes of the Allied powers after the First World War, and their failure to devise an adequate programme of economic and financial reconstruction, weakened the already divided continent, contributing to its disintegration.
This book offers a reassessment of the international monetary problems that led to the global economic crisis of the 1930s. The author shows how policies, in conjunction with the imbalances created by World War I, gave rise to the global crisis of the 1930s.