The Great Disorder: Politics, Economics, and Society in the German Inflation, 1914-1924

The Great Disorder: Politics, Economics, and Society in the German Inflation, 1914-1924
ISBN-10
0195101146
ISBN-13
9780195101140
Category
Business & Economics
Pages
1011
Language
English
Published
1997-03-06
Publisher
Oxford University Press
Author
Gerald D. Feldman

Description

This book presents a comprehensive study of the most famous and spectacular instance of inflation in modern industrial society--that in Germany during and following World War I. A broad, probing narrative, this book studies inflation as a strategy of social pacification and economic reconstruction and as a mechanism for escaping domestic and international indebtedness. The Great Disorder is a study of German society under the tension of inflation and hyperinflation, and it explores the ways in which Germany's hyperinflation and stabilization were linked to the Great Depression and the rise of National Socialism. This wide-ranging study sets German inflation within the broader issues of maintaining economic stability, social peace, and democracy and thus contributes to the general history of the twentieth century and has important implications for existing and emerging market economies facing the temptation or reality of inflation.

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