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

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Description

This book presents a comprehensive study of essentially the most famous and spectacular instance of inflation in up to date industrial society–that in Germany all the way through 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 stress of inflation and hyperinflation, and it explores the ways wherein Germany’s hyperinflation and stabilization were linked to the Great Depression and the upward push of National Socialism. This wide-ranging study sets German inflation throughout the broader issues of maintaining economic stability, social peace, and democracy and thus contributes to the overall history of the 20th century and has necessary implications for existing and emerging market economies facing the temptation or reality of inflation.

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