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Issues of Economic Policy in Germany in the Interbellum

In: The Beginnings of Scholarly Economic Journalism

Author

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  • Gerrit Meijer

    (University of Maastricht)

Abstract

In the issues of the Austrian and the German Economist, articles are published in which it is tried to explain theoretically what happens and to find a solution for the practical problems of the day on which the journal reports. In this paper, this will be illustrated with regard to the following topics. In the first section, this is monetary theory, in particular the discussion on the nature and value of money in the OVW (Austrian Economist) of 1912. The second section is on the business cycle theory which was elaborated on the basis of the Austrian monetary theory and capital theory: the monetary overinvestment theory and proposals with regard to the problems of the so-called Great Depression. The third section is on the constitution of the state. This concerns discussions on and proposals for political and financial reforms during the second half of the Weimar Republic. The fourth section is on some important aspects of the economic constitution: agriculture, economic power, and future of capitalism. The fifth section is on the attitude of the DVW (the German Economist) to national socialism before and after 1933, and also pays attention to the relation of the journal to neo-liberalism, its roots, and development. Finally, the paper gives some conclusions.

Suggested Citation

  • Gerrit Meijer, 2011. "Issues of Economic Policy in Germany in the Interbellum," The European Heritage in Economics and the Social Sciences, in: Jürgen Georg Backhaus (ed.), The Beginnings of Scholarly Economic Journalism, chapter 0, pages 45-55, Springer.
    • Handle: RePEc:spr:euhchp:978-1-4614-0079-0_5
    DOI: 10.1007/978-1-4614-0079-0_5
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