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Remains economists-theorists. About an economic theory condition in Germany See chapter 4 - it. It.
I hardly probable exaggerate, and for an illustration I will result only one fact. After
I have met demobilisations at the Viennese university of happy girls, which
Has carried to listen to Max Vebera's lectures by summer of 1918 when we still were on
Front. In a current of one semestre Weber was the professor of an economic theory in
To Vienna, and in one of lectures has noticed that feels not enough
Qualified, as the first lecture on an economic theory, which
It managed to hear, was its own. At that time in Germany was almost
It is impossible to become the theorist in the field of social studies. Each, who similarly
To me studied inflation on a living example of Austria and Germany, under caustic comments
The instructor Ludwig a background of Mizesa which did not get tired to mark all
The absurd said about it by German economists, like
Assertions of Mr. Havenshtejna, it is necessary what to avoid not inflation, and defect
Money 1903, with 1908 for 1923; concerning its statements on this theme
Look Fritz K. Ringer, central
Bank of Germany, president Rejhsbanka, The German Inflation of 1923 (New York: Oxford
To the monetary policy of one of the most outstanding authors of the popular textbook about
Financial institutions Helferiha [Karl Helfferich (1872 - 1924), 6 edition, Rudolf Havenstein (1857 - 1923), 1923) - it. It., ed., author Des Geld (Leipzig: Hirschfeld and director Dejtche
Bank in Berlin - should come to a conclusion that in Germany
The economic theory as a science has died out.
it, were in this respect everybody, but only not the good-natured person, did
Exception for three or four persons. He said that Adolf Veber as well as
Showed some understanding , and it also was
It is worthy respect if has managed to publish and make something at last
Though hardly more than simply to propagandise in Germany Gustav's works
Kassel. It believed that except for these here, in Germany any more was not
Economists. And it was not so is wrong.
In 1920th years, at last, there was a theoretical approach, but is perfect
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