A Place in the Sun: Rethinking the Political Economy of German Overseas Expansion and Navalism Before the Great War Erik Grimmer-Solem It has long been tempting to see the political economy of German imperialism as little more than a handmaiden to disaster. Tis perspec- tive is supported by the fact that many of the economists active in this prewar Weltpolitik were later also involved in wartime administration, wartime strategy, and defning German war aims. Indeed, it is striking just how many of the younger students of prominent economists of the period would play signifcant roles in German imperialist politics and in the war. Among those worth mentioning is Karl Helferich, a student of Georg Friedrich Knapp and director of the Deutsche Bank, who over- saw the prewar construction of the Berlin-Bagdad Railway, was named State Secretary of the Reich Treasury in 1915 and in that capacity Tis is a revised version of a paper frst given at the conference “New Perspectives on the History of Political Economy” held at Harvard Business School, November 1–2, 2013. I would like to thank David Armitage for his insightful critiques of this paper. Phil Pomper, Michael Trautwein and Gerhard Wegner gave valuable feedback on earlier drafts, for which I am also very grateful. Te author takes sole responsibility for any remaining errors or omissions. E. Grimmer-Solem (*) Wesleyan University, Middletown, USA e-mail:
[email protected] © Te Author(s) 2018 253 R. Fredona and S.A. Reinert (eds.), New Perspectives on the History of Political Economy, https://doi.org/10.1007/978-3-319-58247-4_9 254 E.