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CHAPTER 4. Most Interesting Things That Can Be Said about Factor Prices, Money, and Interest Are Dynamic
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Wolfgang F. Stolper
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Chapters in this book
- Frontmatter i
- Contents ix
- Foreword: Joseph A. Schumpeter xiii
- Acknowledgments xvii
- CHAPTER 1. The Aim of This Biography 1
- CHAPTER 2. A Brief Curriculum Vitae 6
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PART I: THE THEORETICAL BASES OF ECONOMIC POLICY: STATICS, DYNAMICS, AND EVOLUTION; OR, HISTORY MATTERS
- CHAPTER 3. Economics as a Science 23
- CHAPTER 4. Most Interesting Things That Can Be Said about Factor Prices, Money, and Interest Are Dynamic 41
- CHAPTER 5. Cycles 58
- CHAPTER 6. Three Formal Models: A Digression 68
- CHAPTER 7. History and the Theoretical Analysis of Capitalist Evolution 90
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PART II: SOCIALISM; OR, THE EVOLUTION OF CAPITALISM
- CHAPTER 8. Prediction and the Interaction of Economic and Social Change 105
- CHAPTER 9. How the Definitions of Capitalism and Socialism Follow from Schumpeter's Analysis of the Development Process 121
- CHAPTER 10. Implications of Schumpeter's Analysis and Societal Reactions against the March into Socialism 136
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PART III: POLITICAL ACTIVITIES OF THE OUTSIDER; OR, COPING WITH NATIONALISM
- CHAPTER 11. The Crisis of the Tax State 159
- CHAPTER 12. Political Activities behind the Scenes 171
- CHAPTER 13. The German Coal Socialization Commission 202
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PART IV: THE MINISTER OF FINANCE; OR, COPING WITH DISASTER
- CHAPTER 14. Initial Problems 217
- CHAPTER 15. Public Speeches and Activities in Parliament 232
- CHAPTER 16. The Finanzplan 249
- CHAPTER 17. Cabinet Discussion of the Finanzplan 257
- CHAPTER 18. The Kola Affair and the Socialization of the Alpine-Montan-Gesellschaft 268
- CHAPTER 19. The Final Days 289
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PART V: PUBLICIST AND INVESTMENT BANKER; OR, MAKING THE BEST OF IT
- CHAPTER 20. Participant in Economic Policy Discussions 297
- CHAPTER 21. Bank President and Investment Activities 306
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PART VI: THE THEORETICAL ANALYSIS OF CURRENT POLICIES; OR, TRYING TO PREVENT ANOTHER FAILURE
- CHAPTER 22. Monetary Policies: The 1920s 329
- CHAPTER 23. Monetary Policy: The Great Depression and the Post—Second World War Inflation 339
- CHAPTER 24. Fiscal Policy 349
- CHAPTER 25. Epilogue 370
- References 379
- Index 389
Chapters in this book
- Frontmatter i
- Contents ix
- Foreword: Joseph A. Schumpeter xiii
- Acknowledgments xvii
- CHAPTER 1. The Aim of This Biography 1
- CHAPTER 2. A Brief Curriculum Vitae 6
-
PART I: THE THEORETICAL BASES OF ECONOMIC POLICY: STATICS, DYNAMICS, AND EVOLUTION; OR, HISTORY MATTERS
- CHAPTER 3. Economics as a Science 23
- CHAPTER 4. Most Interesting Things That Can Be Said about Factor Prices, Money, and Interest Are Dynamic 41
- CHAPTER 5. Cycles 58
- CHAPTER 6. Three Formal Models: A Digression 68
- CHAPTER 7. History and the Theoretical Analysis of Capitalist Evolution 90
-
PART II: SOCIALISM; OR, THE EVOLUTION OF CAPITALISM
- CHAPTER 8. Prediction and the Interaction of Economic and Social Change 105
- CHAPTER 9. How the Definitions of Capitalism and Socialism Follow from Schumpeter's Analysis of the Development Process 121
- CHAPTER 10. Implications of Schumpeter's Analysis and Societal Reactions against the March into Socialism 136
-
PART III: POLITICAL ACTIVITIES OF THE OUTSIDER; OR, COPING WITH NATIONALISM
- CHAPTER 11. The Crisis of the Tax State 159
- CHAPTER 12. Political Activities behind the Scenes 171
- CHAPTER 13. The German Coal Socialization Commission 202
-
PART IV: THE MINISTER OF FINANCE; OR, COPING WITH DISASTER
- CHAPTER 14. Initial Problems 217
- CHAPTER 15. Public Speeches and Activities in Parliament 232
- CHAPTER 16. The Finanzplan 249
- CHAPTER 17. Cabinet Discussion of the Finanzplan 257
- CHAPTER 18. The Kola Affair and the Socialization of the Alpine-Montan-Gesellschaft 268
- CHAPTER 19. The Final Days 289
-
PART V: PUBLICIST AND INVESTMENT BANKER; OR, MAKING THE BEST OF IT
- CHAPTER 20. Participant in Economic Policy Discussions 297
- CHAPTER 21. Bank President and Investment Activities 306
-
PART VI: THE THEORETICAL ANALYSIS OF CURRENT POLICIES; OR, TRYING TO PREVENT ANOTHER FAILURE
- CHAPTER 22. Monetary Policies: The 1920s 329
- CHAPTER 23. Monetary Policy: The Great Depression and the Post—Second World War Inflation 339
- CHAPTER 24. Fiscal Policy 349
- CHAPTER 25. Epilogue 370
- References 379
- Index 389