The Rise of the Nazis Revision Guide
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Uncertainty and Hyperinflation: European Inflation Dynamics After World War I
FEDERAL RESERVE BANK OF SAN FRANCISCO WORKING PAPER SERIES Uncertainty and Hyperinflation: European Inflation Dynamics after World War I Jose A. Lopez Federal Reserve Bank of San Francisco Kris James Mitchener Santa Clara University CAGE, CEPR, CES-ifo & NBER June 2018 Working Paper 2018-06 https://www.frbsf.org/economic-research/publications/working-papers/2018/06/ Suggested citation: Lopez, Jose A., Kris James Mitchener. 2018. “Uncertainty and Hyperinflation: European Inflation Dynamics after World War I,” Federal Reserve Bank of San Francisco Working Paper 2018-06. https://doi.org/10.24148/wp2018-06 The views in this paper are solely the responsibility of the authors and should not be interpreted as reflecting the views of the Federal Reserve Bank of San Francisco or the Board of Governors of the Federal Reserve System. Uncertainty and Hyperinflation: European Inflation Dynamics after World War I Jose A. Lopez Federal Reserve Bank of San Francisco Kris James Mitchener Santa Clara University CAGE, CEPR, CES-ifo & NBER* May 9, 2018 ABSTRACT. Fiscal deficits, elevated debt-to-GDP ratios, and high inflation rates suggest hyperinflation could have potentially emerged in many European countries after World War I. We demonstrate that economic policy uncertainty was instrumental in pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and Hungary (GAPH) suffered from frequent uncertainty shocks – and correspondingly high levels of uncertainty – caused by protracted political negotiations over reparations payments, the apportionment of the Austro-Hungarian debt, and border disputes. In contrast, other European countries exhibited lower levels of measured uncertainty between 1919 and 1925, allowing them more capacity with which to implement credible commitments to their fiscal and monetary policies. -
Chapter 5. Between Gleichschaltung and Revolution
Chapter 5 BETWEEN GLEICHSCHALTUNG AND REVOLUTION In the summer of 1935, as part of the Germany-wide “Reich Athletic Com- petition,” citizens in the state of Schleswig-Holstein witnessed the following spectacle: On the fi rst Sunday of August propaganda performances and maneuvers took place in a number of cities. Th ey are supposed to reawaken the old mood of the “time of struggle.” In Kiel, SA men drove through the streets in trucks bearing … inscriptions against the Jews … and the Reaction. One [truck] carried a straw puppet hanging on a gallows, accompanied by a placard with the motto: “Th e gallows for Jews and the Reaction, wherever you hide we’ll soon fi nd you.”607 Other trucks bore slogans such as “Whether black or red, death to all enemies,” and “We are fi ghting against Jewry and Rome.”608 Bizarre tableau were enacted in the streets of towns around Germany. “In Schmiedeberg (in Silesia),” reported informants of the Social Democratic exile organization, the Sopade, “something completely out of the ordinary was presented on Sunday, 18 August.” A no- tice appeared in the town paper a week earlier with the announcement: “Reich competition of the SA. On Sunday at 11 a.m. in front of the Rathaus, Sturm 4 R 48 Schmiedeberg passes judgment on a criminal against the state.” On the appointed day, a large crowd gathered to watch the spectacle. Th e Sopade agent gave the setup: “A Nazi newspaper seller has been attacked by a Marxist mob. In the ensuing melee, the Marxists set up a barricade. -
Ordinances—1934
Australian Capital Territory Ordinances—1934 A chronological listing of ordinances notified in 1934 [includes ordinances 1934 Nos 1-26] Ordinances—1934 1 Sheriff Ordinance Repeal Ordinance 1934 (repealed) repealed by Ord1937-27 notified 8 February 1934 (Cwlth Gaz 1934 No 8) sch 3 commenced 8 February 1934 (see Seat of Government 23 December 1937 (Administration) Act 1910 (Cwlth), s 12) 2 * Administration and Probate Ordinance 1934 (repealed) repealed by A2000-80 notified 8 February 1934 (Cwlth Gaz 1934 No 8) sch 4 commenced 8 February 1934 (see Seat of Government 21 December 2000 (Administration) Act 1910 (Cwlth), s 12) 3 Liquor (Renewal of Licences) Ordinance 1934 (repealed) repealed by Ord1937-27 notified 8 February 1934 (Cwlth Gaz 1934 No 9) sch 3 commenced 8 February 1934 (see Seat of Government 23 December 1937 (Administration) Act 1910 (Cwlth), s 12) 4 Oaths Ordinance 1934 (repealed) repealed by Ord1984-79 notified 15 February 1934 (Cwlth Gaz 1934 No 10) s 2 commenced 15 February 1934 (see Seat of Government 19 December 1984 (Administration) Act 1910 (Cwlth), s 12) 5 Dogs Registration Ordinance 1934 (repealed) repealed by Ord1975-18 notified 1 March 1934 (Cwlth Gaz 1934 No 13) sch commenced 1 March 1934 (see Seat of Government (Administration) 21 July 1975 Act 1910 (Cwlth), s 12) 6 * Administration and Probate Ordinance (No 2) 1934 (repealed) repealed by A2000-80 notified 22 March 1934 (Cwlth Gaz 1934 No 17) sch 4 commenced 22 March 1934 (see Seat of Government (Administration) 21 December 2000 Act 1910 (Cwlth), s 12) 7 Advisory -
Survey of Current Business October 1932
OCTOBER, 1932 SURVEY OF CURRENT BUSINESS UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON VOLUME 12 NUMBER 10 EXPLANATORY The Survey of Current Business is designed to present the early issues of the Survey and, in the Record Book of each month the available statistical measurements of Business Statistics, data on textiles, metals and economic activity, together with the necessary analyt- machinery, fuels, automobiles, and rubber are carried ical comment, which will enable readers to obtain a back to 1909 on a monthly basis, where available. comprehensive picture of the business situation. Cer- These record books should not be used for data later tain of the more important series are presented in than 1922, and the monthly data should be checked graphic form so that the trend of the major indicators against the annual averages given in the 1932 Annual can be readily determined. In order to get the monthly Supplement to assure the continuity of the series and to statistics to subscribers more quickly, and to bring the obtain any necessary corrections. The three parts of material up to date with current weekly statistics, a the Record Book may be obtained from the Superin- 4-page supplement is furnished each week as part of the tendent of Documents, Government Printing Office, threefold service of the Survey. Washington, D. C, for 10 cents each, or 30 cents for Over 2,100 series of data, gathered from more than 200 the set. organizations, are presented regularly each month. INDEX NUMBERS Most of the statistics are not compiled by the Survey, To facilitate comparisons of the movement of impor- but represent a careful selection of material available tant series over a period of time, index numbers have from all sources. -
Records of the Immigration and Naturalization Service, 1891-1957, Record Group 85 New Orleans, Louisiana Crew Lists of Vessels Arriving at New Orleans, LA, 1910-1945
Records of the Immigration and Naturalization Service, 1891-1957, Record Group 85 New Orleans, Louisiana Crew Lists of Vessels Arriving at New Orleans, LA, 1910-1945. T939. 311 rolls. (~A complete list of rolls has been added.) Roll Volumes Dates 1 1-3 January-June, 1910 2 4-5 July-October, 1910 3 6-7 November, 1910-February, 1911 4 8-9 March-June, 1911 5 10-11 July-October, 1911 6 12-13 November, 1911-February, 1912 7 14-15 March-June, 1912 8 16-17 July-October, 1912 9 18-19 November, 1912-February, 1913 10 20-21 March-June, 1913 11 22-23 July-October, 1913 12 24-25 November, 1913-February, 1914 13 26 March-April, 1914 14 27 May-June, 1914 15 28-29 July-October, 1914 16 30-31 November, 1914-February, 1915 17 32 March-April, 1915 18 33 May-June, 1915 19 34-35 July-October, 1915 20 36-37 November, 1915-February, 1916 21 38-39 March-June, 1916 22 40-41 July-October, 1916 23 42-43 November, 1916-February, 1917 24 44 March-April, 1917 25 45 May-June, 1917 26 46 July-August, 1917 27 47 September-October, 1917 28 48 November-December, 1917 29 49-50 Jan. 1-Mar. 15, 1918 30 51-53 Mar. 16-Apr. 30, 1918 31 56-59 June 1-Aug. 15, 1918 32 60-64 Aug. 16-0ct. 31, 1918 33 65-69 Nov. 1', 1918-Jan. 15, 1919 34 70-73 Jan. 16-Mar. 31, 1919 35 74-77 April-May, 1919 36 78-79 June-July, 1919 37 80-81 August-September, 1919 38 82-83 October-November, 1919 39 84-85 December, 1919-January, 1920 40 86-87 February-March, 1920 41 88-89 April-May, 1920 42 90 June, 1920 43 91 July, 1920 44 92 August, 1920 45 93 September, 1920 46 94 October, 1920 47 95-96 November, 1920 48 97-98 December, 1920 49 99-100 Jan. -
Discrimination and Law in Nazi Germany
Cohen Center for Holocaust and Genocide Studies Name:_______________________________ at Keene State College __________________________________________________________________________________________________ “To Remember…and to Teach.” www.keene.edu/cchgs Student Outline: Destroying Democracy From Within (1933-1938) 1. In the November 1932 elections the Nazis received _______ (%) of the vote. 2. Hitler was named Chancellor of a right-wing coalition government on _________________ _____, __________. 3. Hitler’s greatest fear is that he could be dismissed by President ____________________________. 4. Hitler’s greatest unifier of the many conservatives was fear of the _____________. 5. The Reichstag Fire Decree of February 1933 allowed Hitler to use article _______ to suspend the Reichstag and suspend ________________ ____________ for all Germans. 6. In March 5, 1933 election, the Nazi Party had _________ % of the vote. 7. Concentration camps (KL) emerged from below as camps for “__________________ ________________” prisoners. 8. On March 24, 1933, the _______________ Act gave Hitler power to rule as dictator during the declared “state of emergency.” It was the __________________ Center Party that swayed the vote in Hitler’s favor. 9. Franz Schlegelberger became the State Secretary in the German Ministry of ___________________. He believed that the courts role was to maintain ________________ __________________. He based his rulings on the principle of the ____________________ ___________________ order. He endorsed the Enabling Act because the government, in his view, could act with _______________, ________________, and _____________________. 10. One week after the failed April 1, 1933 Boycott, the Nazis passed the “Law for the Restoration of the Professional _________________ ______________________. The April 11 supplement attempted to legally define “non-Aryan” as someone with a non-Aryan ____________________ or ________________________. -
Nazi Privatization in 1930S Germany1 by GERMÀ BEL
Economic History Review (2009) Against the mainstream: Nazi privatization in 1930s Germany1 By GERMÀ BEL Nationalization was particularly important in the early 1930s in Germany.The state took over a large industrial concern, large commercial banks, and other minor firms. In the mid-1930s, the Nazi regime transferred public ownership to the private sector. In doing so, they went against the mainstream trends in western capitalistic countries, none of which systematically reprivatized firms during the 1930s. Privatization was used as a political tool to enhance support for the government and for the Nazi Party. In addition, growing financial restrictions because of the cost of the rearmament programme provided additional motivations for privatization. rivatization of large parts of the public sector was one of the defining policies Pof the last quarter of the twentieth century. Most scholars have understood privatization as the transfer of government-owned firms and assets to the private sector,2 as well as the delegation to the private sector of the delivery of services previously delivered by the public sector.3 Other scholars have adopted a much broader meaning of privatization, including (besides transfer of public assets and delegation of public services) deregulation, as well as the private funding of services previously delivered without charging the users.4 In any case, modern privatization has been usually accompanied by the removal of state direction and a reliance on the free market. Thus, privatization and market liberalization have usually gone together. Privatizations in Chile and the UK, which began to be implemented in the 1970s and 1980s, are usually considered the first privatization policies in modern history.5 A few researchers have found earlier instances. -
Austerity and the Rise of the Nazi Party Gregori Galofré-Vilà, Christopher M
Austerity and the Rise of the Nazi party Gregori Galofré-Vilà, Christopher M. Meissner, Martin McKee, and David Stuckler NBER Working Paper No. 24106 December 2017, Revised in September 2020 JEL No. E6,N1,N14,N44 ABSTRACT We study the link between fiscal austerity and Nazi electoral success. Voting data from a thousand districts and a hundred cities for four elections between 1930 and 1933 shows that areas more affected by austerity (spending cuts and tax increases) had relatively higher vote shares for the Nazi party. We also find that the localities with relatively high austerity experienced relatively high suffering (measured by mortality rates) and these areas’ electorates were more likely to vote for the Nazi party. Our findings are robust to a range of specifications including an instrumental variable strategy and a border-pair policy discontinuity design. Gregori Galofré-Vilà Martin McKee Department of Sociology Department of Health Services Research University of Oxford and Policy Manor Road Building London School of Hygiene Oxford OX1 3UQ & Tropical Medicine United Kingdom 15-17 Tavistock Place [email protected] London WC1H 9SH United Kingdom Christopher M. Meissner [email protected] Department of Economics University of California, Davis David Stuckler One Shields Avenue Università Bocconi Davis, CA 95616 Carlo F. Dondena Centre for Research on and NBER Social Dynamics and Public Policy (Dondena) [email protected] Milan, Italy [email protected] Austerity and the Rise of the Nazi party Gregori Galofr´e-Vil`a Christopher M. Meissner Martin McKee David Stuckler Abstract: We study the link between fiscal austerity and Nazi electoral success. -
Guides to German Records Microfilmed at Alexandria, Va
GUIDES TO GERMAN RECORDS MICROFILMED AT ALEXANDRIA, VA. No. 32. Records of the Reich Leader of the SS and Chief of the German Police (Part I) The National Archives National Archives and Records Service General Services Administration Washington: 1961 This finding aid has been prepared by the National Archives as part of its program of facilitating the use of records in its custody. The microfilm described in this guide may be consulted at the National Archives, where it is identified as RG 242, Microfilm Publication T175. To order microfilm, write to the Publications Sales Branch (NEPS), National Archives and Records Service (GSA), Washington, DC 20408. Some of the papers reproduced on the microfilm referred to in this and other guides of the same series may have been of private origin. The fact of their seizure is not believed to divest their original owners of any literary property rights in them. Anyone, therefore, who publishes them in whole or in part without permission of their authors may be held liable for infringement of such literary property rights. Library of Congress Catalog Card No. 58-9982 AMERICA! HISTORICAL ASSOCIATION COMMITTEE fOR THE STUDY OP WAR DOCUMENTS GUIDES TO GERMAN RECOBDS MICROFILMED AT ALEXAM)RIA, VA. No* 32» Records of the Reich Leader of the SS aad Chief of the German Police (HeiehsMhrer SS und Chef der Deutschen Polizei) 1) THE AMERICAN HISTORICAL ASSOCIATION (AHA) COMMITTEE FOR THE STUDY OF WAE DOCUMENTS GUIDES TO GERMAN RECORDS MICROFILMED AT ALEXANDRIA, VA* This is part of a series of Guides prepared -
Inflation Expectations and Recovery from the Depression in the Spring of 1933: Evidence from the Narrative Record
Inflation Expectations and Recovery from the Depression in the Spring of 1933: Evidence from the Narrative Record Andrew J. Jalil and Gisela Rua* January 2016 Abstract This paper uses the historical narrative record to determine whether inflation expectations shifted during the second quarter of 1933, precisely as the recovery from the Great Depression took hold. First, by examining the historical news record and the forecasts of contemporary business analysts, we show that inflation expectations increased dramatically. Second, using an event- studies approach, we identify the impact on financial markets of the key events that shifted inflation expectations. Third, we gather new evidence—both quantitative and narrative—that indicates that the shift in inflation expectations played a causal role in stimulating the recovery. JEL Classification: E31, E32, E12, N42 Keywords: inflation expectations, Great Depression, narrative evidence, liquidity trap, regime change * Andrew Jalil: Department of Economics, Occidental College, 1600 Campus Road, Los Angeles, CA 90041 (email: [email protected]). Gisela Rua: Board of Governors of the Federal Reserve System, Mail Stop 82, 20th St. and Constitution Ave. NW, Washington, D.C. 20551 (email: [email protected]). We are grateful to Pamfila Antipa, Alan Blinder, Michael Bryan, Chia-Ying Chang, Tracy Dennison, Barry Eichengreen, Joshua Hausman, Philip Hoffman, John Leahy, David Lopez-Salido, Christopher Meissner, Edward Nelson, Marty Olney, Jonathan Rose, Jean-Laurent Rosenthal, Jeremy Rudd, Eugene White, our discussants Carola Binder and Hugh Rockoff, and seminar participants at the Federal Reserve Board, the Federal Reserve Bank of San Francisco, the Reserve Bank of New Zealand, the California Institute of Technology, American University, and Occidental College for thoughtful comments. -
Tangled Complicities and Moral Struggles: the Haushofers, Father and Son, and the Spaces of Nazi Geopolitics
Journal of Historical Geography 47 (2015) 64e73 Contents lists available at ScienceDirect Journal of Historical Geography journal homepage: www.elsevier.com/locate/jhg Feature: European Geographers and World War II Tangled complicities and moral struggles: the Haushofers, father and son, and the spaces of Nazi geopolitics Trevor J. Barnes a,* and Christian Abrahamsson b a Department of Geography, University of British Columbia, 1984 West Mall, Vancouver, BC V6T 1Z2, Canada b Department of Sociology and Human Geography, University of Oslo, Postboks 1096 Blindern, Oslo 0317, Norway Abstract Drawing on a biographical approach, the paper explores the tangled complicities and morally fraught relationship between the German father and son political geographers, Karl and Albrecht Haushofer, and the Nazi leadership. From the 1920s both Haushofers were influential within Nazism, although at different periods and under different circumstances. Karl Haushofer’s complicity began in 1919 with his friendship with Rudolf Hess, an undergraduate student he taught political geography at the University of Munich. Hess introduced Haushofer to Adolf Hitler the following year. In 1924 Karl provided jail-house instruction in German geopolitical theory to both men while they served an eight-and-a-half month prison term for treason following the ‘beer-hall putsch’ of November 1923. Karl’s prison lectures were significant because during that same period Hitler wrote Mein Kampf. In that tract, Hitler justifies German expansionism using Lebensraum, one of Haushofer’s key ideas. It is here that there is a potential link between German geopolitics and the subsequent course of the Second World War. Albrecht Haushofer’s complicity began in the 1930s when he started working as a diplomat for Joachim von Ribbentrop in a think-tank within the Nazi Foreign Ministry. -
Was Hitler a Darwinian?
Was Hitler a Darwinian? Robert J. Richards The University of Chicago The Darwinian underpinnings of Nazi racial ideology are patently obvious. Hitler's chapter on "Nation and Race" in Mein Kampf discusses the racial struggle for existence in clear Darwinian terms. Richard Weikart, Historian, Cal. State, Stanislaus1 Hamlet: Do you see yonder cloud that's almost in shape of a camel? Shakespeare, Hamlet, III, 2. 1. Introduction . 1 2. The Issues regarding a Supposed Conceptually Causal Connection . 4 3. Darwinian Theory and Racial Hierarchy . 10 4. The Racial Ideology of Gobineau and Chamberlain . 16 5. Chamberlain and Hitler . 27 6. Mein Kampf . 29 7. Struggle for Existence . 37 8. The Political Sources of Hitler’s Anti-Semitism . 41 9. Ethics and Social Darwinism . 44 10. Was the Biological Community under Hitler Darwinian? . 46 11. Conclusion . 52 1. Introduction Several scholars and many religiously conservative thinkers have recently charged that Hitler’s ideas about race and racial struggle derived from the theories of Charles Darwin (1809-1882), either directly or through intermediate sources. So, for example, the historian Richard Weikart, in his book From Darwin to Hitler (2004), maintains: “No matter how crooked the road was from Darwin to Hitler, clearly Darwinism and eugenics smoothed the path for Nazi ideology, especially for the Nazi 1 Richard Weikart, “Was It Immoral for "Expelled" to Connect Darwinism and Nazi Racism?” (http://www.discovery.org/a/5069.) 1 stress on expansion, war, racial struggle, and racial extermination.”2 In a subsequent book, Hitler’s Ethic: The Nazi Pursuit of Evolutionary Progress (2009), Weikart argues that Darwin’s “evolutionary ethics drove him [Hitler] to engage in behavior that the rest of us consider abominable.”3 Other critics have also attempted to forge a strong link between Darwin’s theory and Hitler’s biological notions.