3,673 works, 150 years of economic thought. Each one summarized and searchable, with cited passages inside.
Documenting military supremacy is not the same as explaining it. In this 1937 review of Kenneth W. Colegrove’s Militarism in Japan, Emil Lederer welcomes evidence drawn from Japanese sources but questions an account centred on powerful personalities. Could individual statesmen genuinely restrain an army that dominated budgets and foreign policy? And did expansion into China express military ambition alone, or pressures that even a pacifist government would face? Lederer’s distinctive contribution is to shift attention from elite manoeuvring to social groups and economic conditions, without pretending to resolve the questions Colegrove leaves open. This brief review offers a pointed example of how documentary evidence can establish who holds power while leaving its social foundations unexplained.
More employment need not mean economic recovery: this distinction drives Emil Lederer’s 1937 analysis of National Socialist economic doctrine. He argues that rearmament required wages and consumption to remain constrained, since rising prosperity would make military expansion more expensive. His distinctive approach tests the regime’s appeals to national will against the continuing requirements of production, credit, and exchange. Private enterprise survives, but its decisions are subordinated to state purposes; autarchy promises independence while disregarding comparative costs. By separating economic mobilization from individual welfare, Lederer shows how spending and controls can redirect resources toward power without abolishing economic limits. The article offers a concrete way to examine what employment figures conceal when a government determines both the purposes of production and the sacrifices demanded of its population.
Scientific objectivity does not absolve scholars of responsibility for the questions they choose. In this 1937 address, Emil Lederer defends rigorous analysis while challenging the ideal of intellectual detachment: freedom’s moral worth may resist scientific proof, but inquiry cannot proceed without freedom to choose hypotheses. Speaking for the Graduate Faculty and honoring Thomas Mann, he links this methodological necessity to the defense of personal liberty against dictatorship. His account of authoritarian appeal turns on the burden of freedom—the desire to escape decisions and responsibilities by submitting to compulsory conformity. The address offers a precise distinction between fidelity to evidence and indifference to the conditions that make evidence-based inquiry possible.
But trust in mere analysis caused the intellectual to forget that every question he asks involves a decision.
Economic regulation can defeat its own purposes when administrative resolve substitutes for understanding. In this brief review of Walter Eucken’s Nationalökonomie—wozu?, Emil Lederer locates the defense of economic theory in a concrete political setting: German economic control under the shadow of total war, with its faith in willpower and organization. He presents Eucken’s demand that planning respect economic logic, while stressing that theoretical guidance must be tested against actual conditions. Lederer’s distinctive observation is that the book addresses those wielding economic power more than rival academic schools. The review offers a compact account of why theory matters precisely to those who intend to intervene.
Can falling prices deepen a depression, while rising prices undermine recovery? In this 1938 article, Emil Lederer refuses to choose between correcting price imbalances and stimulating investment. He argues that flexible prices can accelerate contraction as falling wages and receipts erode demand, while particular rigid prices—especially those of steel and building materials—can make new investment prohibitively costly. Drawing on price and production evidence from 1929–1937, he distinguishes rigidity that restrains deflation from rigidity that obstructs expansion. The resulting policy tension is concrete: public works may launch recovery yet raise the material costs that discourage private projects. Readers encounter an analysis of why stimulus must attend not only to how much is spent, but also to the prices and production costs through which spending takes effect.
Japan’s industrial expansion looks different when low wages and depressed farm incomes enter the explanation. Reviewing the July 1937 Japan issue of Weltwirtschaftliches Archiv, Emil Lederer values its economic evidence while questioning the political assumptions that shape its interpretation. His criticism becomes concrete in the conflict over rice prices: cheap rice helps sustain low industrial wages, but threatens farmers’ livelihoods; support for farmers puts pressure on workers’ real incomes. Rather than dismissing the collection as propaganda, Lederer distinguishes its empirical strengths from its neglect of competing social interests and peaceful alternatives to territorial expansion. This short review offers a pointed example of how a critic can use a publication’s own evidence to challenge the national necessities its contributors take for granted.
Stable prices and expanding employment need not mean rising living standards. In this 1938 article, Emil Lederer asks whose consumption Germany sacrifices to make rearmament possible. His answer shifts attention from borrowing techniques to wages held down during industrial recovery: workers, he argues, supply the real resources behind apparently sound public finance. He tests official welfare statistics against declining product quality, actual shop prices, and food diverted to military use, then explains how military orders absorb output that might otherwise support civilian consumption and investment. The article offers a concrete distinction between financial stability and social cost—and between a system sustained by enforced restraint and the more ambitious total-war program that threatens to exceed its material limits.
What distinguishes planning for economic recovery from planning for war? In this brief contribution to the 1939 round-table report Divergencies in the Development of Recovery in Various Countries, Emil Lederer separates policies often grouped under a single label by their purposes and economic settings. He treats wartime controls as a response to inflationary war finance, Russian planning as a planned Industrial Revolution, and totalitarian planning as preparation for war. His contrasting account of capitalist business-cycle policy links monetary measures, price controls, regional planning, and public works to overcoming obstacles to expansion. The contribution offers a compact distinction between planning that mobilizes an economy and planning that seeks to restore its growth.
Idle factories and available capital pose a puzzle: why does an economy fail to put them back to work? In this 1939 symposium article, Emil Lederer argues that recovery depends not simply on lower wages or prices, but on opportunities for investment that established industries may no longer provide. His distinction between expanding existing production and creating new industries gives technological unemployment a concrete setting: machines can reduce costs without generating enough demand to reemploy displaced workers. Against assurances drawn from nineteenth-century growth, he asks whether the conditions that once made adjustment possible still hold. The economic frontier, he concludes, is not closed—but spontaneous expansion cannot be counted on. Readers can discover why, in his account, deliberate demand creation and a reconsideration of thrift become questions of democratic economic security.
A wage cut can lower a firm’s costs while shrinking the market for its products. This tension anchors Emil Lederer’s 1939 article, presented here in French translation, on whether wages cause economic crises and whether reducing them hastens recovery. Lederer challenges both capital-shortage and underconsumption theories by asking when cheaper production actually prompts new investment—and when it merely redistributes purchasing power. His distinctive move is to connect the business cycle with differences among occupations and industries: construction costs, skilled workers’ earnings, and housing affordability matter in ways an average wage index conceals. His case for targeted subsidies rather than general wage cuts offers a concrete way to examine how policy might lower investment costs without reducing workers’ incomes.
Le niveau des salaires est une abstraction, de même que le niveau général des prix.
English translation: “The wage level is an abstraction, just as the general price level is.”
Does listening at home free people from the pressures of a political crowd—or bring propaganda directly to their firesides? In this review of César Saerchinger’s Hello America!—Radio Adventures in Europe, Emil Lederer tests the broadcaster’s claim that the microphone weakens demagogues by stripping away theatrical gestures and exposing insincerity. Father Coughlin and dictatorships’ multilingual short-wave broadcasts supply his counterexamples: manipulation can travel through a seemingly objective argument as readily as through a rant. Lederer values Saerchinger’s insider observations of broadcasting machinery and political figures, while asking what their reach means for public opinion. This brief review captures a precise tension between radio’s promise of independent listening and its capacity to make private homes part of an international political struggle.
Can an account of conflicting worldviews also explain why political restraint fails? In this brief 1939 review of Harley Farnsworth MacNair’s The Real Conflict between China and Japan, Emil Lederer welcomes an explanation that reaches beyond territory, wealth and power to the historical beliefs shaping state ambitions. His sharper intervention concerns the consequences of that explanation: he argues that a Japanese political system driven by prestige and unlimited ambition leaves advocates of a “sensible” policy powerless and makes appeasement futile. The review offers a compact encounter between appreciation and criticism, showing how Lederer turns MacNair’s account of ideological conflict into a question about whether a political system can accommodate moderation.