2,577 research outputs found

    Cassel, D[avid] an Herman Grimm (1 Brief)

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    CASSEL, D[AVID] AN HERMAN GRIMM (1 BRIEF) Cassel, D[avid] an Herman Grimm (1 Brief) (Br736) Brief 736 (Br736

    Der Cäcilien-Verein in Cassel

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    DER CÄCILIEN-VEREIN IN CASSEL Der Cäcilien-Verein in Cassel ( - ) Title page ( - ) Imprint ( - ) [Text] ([3]) [Anlage] (7) Anlage A. (7) Anlage B. (10) Anlage C. (11) Anlage D. ( - ) Grey chart ( - ) Cover ( -

    Cassel Fuldabrücke

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    CASSEL FULDABRÜCKE Cassel Fuldabrücke ( -

    Cassel Partie an der Aue m. d. Drahtbrücke

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    CASSEL PARTIE AN DER AUE M. D. DRAHTBRÜCKE Cassel Partie an der Aue m. d. Drahtbrücke ( -

    Cassel Neues Hoftheater v. d. Aue aus gesehen

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    CASSEL NEUES HOFTHEATER V. D. AUE AUS GESEHEN Cassel Neues Hoftheater v. d. Aue aus gesehen ( -

    Cassel Friedrichsplatz mit Blick a. d. Neue Hoftheater

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    CASSEL FRIEDRICHSPLATZ MIT BLICK A. D. NEUE HOFTHEATER Cassel Friedrichsplatz mit Blick a. d. Neue Hoftheater ( -

    Stammbuch (Album Amicorum) der Mademoiselle D. Krafft junior zu Cassel

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    STAMMBUCH (ALBUM AMICORUM) DER MADEMOISELLE D. KRAFFT JUNIOR ZU CASSEL Stammbuch (Album Amicorum) der Mademoiselle D. Krafft junior zu Cassel ( -

    Cassel Blick v. d. Königsstrasse nach der Martinskirche u. Druselturm

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    CASSEL BLICK V. D. KÖNIGSSTRASSE NACH DER MARTINSKIRCHE U. DRUSELTURM Cassel Blick v. d. Königsstrasse nach der Martinskirche u. Druselturm ( -

    Anticipating the Great Depression? Gustav Cassel’s Analysis of the Interwar Gold Standard

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    The intellectual response to the Great Depression is often portrayed as a battle between the ideas of Friedrich Hayek and John Maynard Keynes. Yet both the Austrian and the Keynesian interpretations of the Depression were incomplete. Austrians could explain how a country might get into a depression (bust following an investment boom) but not how to get out of one (liquidation). Keynesians could explain how a country might get out of a depression (government spending on public works) but not how it got into one (animal spirits). By contrast, the monetary approach of economists such as Gustav Cassel has been ignored. As early as 1920, Cassel warned that mismanagement of the gold standard could lead to a severe depression. Cassel not only explained how this could occur, but his explanation anticipates the way that scholars today describe how the Great Depression actually occurred. Unlike Keynes or Hayek, Cassel explained both how a country could get into a depression (deflation due to tight monetary policies) and how it could get out of one (monetary expansion).
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