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Auteur : Costantino Bresciani-Turroni
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Langue : Français, Anglais

The depreciation of the mark of 1914-23, which is the subject of this work, is one of the outstanding episodes in the history of the twentieth century. Not only by reason of its magnitude but also by reason of its effects, it looms large on our horizon. It was the most colossal thing of its kind in history: and, next probably to the Great War itself, it must bear responsibility for many of the political and economic difficulties of our generation. It destroyed the wealth of the more solid elements in German society: and it left behind a moral and economic disequilibrium, apt breeding ground for the disasters which have followed. Hitler is the foster-child of the inflation. The financial convulsions of the Great Depression were, in part at least, the product of the distortions of the system of international borrowing and lending to which its ravages had given rise. If we are to understand correctly the present position of Europe, we must not neglect the study of the great German inflation. If we are to plan for greater stability in the future, we must learn to avoid the mistakes from which it sprang.There is another reason why the history of this episode is peculiarly significant to students of the social sciences. Accidents to the body politic, like accidents to the physical body, often permit observations of a kind which would not be possible under normal conditions. In peaceful times we may speculate concerning the consequences of violent change. But we are naturally precluded from verifying our conclusions: we cannot upset the smooth current of things for the advancement of abstract knowledge. But when disturbance takes place, it is sometimes possible to snatch good from evil and to obtain insight into the working of processes which are normally concealed. No doubt there are dangers here. We must not ignore the possibility that the processes thus revealed are themselves abnormal: we must not infer, for instance, that propositions which apply to large inflations necessarily apply, without modification, to small inflations. But the dangers are clear: it is net difficult to keep them in mind and to guard against them. And the opportunities of fruitful research are enormous. In this matter of the depreciation of the mark, there is hardly any branch of the theory of economic dynamics which is not illuminated by examination of its grim events.For both these reasons, therefore, I hope that this book will obtain a wide circulation among the English-speaking public.

Télécharger The Economics of Inflation - A Study of Currency Depreciation in Post War Germany (English Edition) de Costantino Bresciani-Turroni Pdf Ebook

The Economics of Inflation: A Study of Currency ~ The Economics of Inflation: A Study of Currency Depreciation in Post-War Germany. As an Austrian study of hyperinflation, this study has never been surpassed.

The Economics Of Inflation A Study Of Currency ~ The Economics Of Inflation A Study Of Currency Depreciation In Post-War Germanay Item Preview remove-circle Share or Embed This Item. EMBED. EMBED (for wordpress hosted blogs and archive item <description> tags) Want more? Advanced embedding details, examples, and help! No_Favorite. share. flag. Flag this item for. Graphic Violence ; Graphic Sexual Content ; texts. The Economics Of .

The economics of inflation : a study of currency ~ Get this from a library! The economics of inflation : a study of currency depreciation in post-war Germany 1914-1923. [Costantino Bresciani-Turroni; Millicent E Sayers]

The Economics of Inflation: A Study of Currency ~ The present book is a translation, with some modifications--changes in arrangement, omission here and there of redundant mention of sources, and the addition of an appendix to chapter two (formerly chapter three)--of the work Le vicende del marco tedesco.

The Economics Of Inflation A Study Of Currency ~ The-Economics-Of-Inflation-A-Study-Of-Currency-Depreciation-In-Post-War-Germany 2/3 PDF Drive - Search and download PDF files for free. (iatotonchi@yahoocom) Abstract -- The study of causes of inflation has probably given rise to one of the most significant macroeconomic debates in the field of economics In practice; however, it is not always

The Economics of Inflation / Taylor & Francis Group ~ The Economics of Inflation provides a comprehensive analysis of economic conditions in Germany under the Great Inflation and discusses inflationary conditions in general. The analysis is supported by extensive statistical material. * For this translation the author thoroughly revised the original work

The Economics of Inflation: A Study of Currency ~ The Economics of Inflation: A Study of Currency Depreciation in Post-War Germany, 1914-1923: Bresciani-Turroni, Constantino: 9780415434621: Books - Amazon.ca

The Economics of Inflation (A Study of Currency ~ Economics of Inflation: A Study of Currency Depreciation in Post-War Germany As an Austrian study of hyperinflation, this study has never been surpassed. The same is true of the detailed examination of the rise of hyperinflation in German in the interwar period: there is not anything more authoritative. It is a huge study, 466 pages, with a fantastic amount of data and statistical analytics .

The Economics of Inflation: A Study of Currency ~ The English translation was published in 1937, so the language is a bit old fashioned, with terms like "milliard" instead of billion. Basically an advanced economics text, I found the going on this rather slow. Some of the graphs are really arresting, such as the one of the Deutchmark in late 1923 which looks scarily like the Nasdaq in 2000.

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The Economics of Inflation: A Study of Currency ~ AbeBooks: The Economics of Inflation: A Study of Currency Depreciation in Post-war Germany, 1914-1923 (Sir Halley Stewart Trust Publications): B0007ITVFU 464 pages. Index. "In the analysis of the causes and effects of the depreciation of the German mark I have used, besides German official publications and economic articles in some of the leading newspapers. personal observations made .

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