Karlheinz Muhr Library

The Complete “Austrian School of Economics” Collection


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The archive.

3,801 works, 471 books, 3,267 articles, 60 other works, 3 awaiting classification, 150 years of economic thought. Each one summarized and searchable, with cited passages inside.

▾··Arranged by ,
277–288 of 299 matches · 3,801 works total (471 books, 3,267 articles, 60 other works, 3 awaiting classification)Page 24 of 25; every summary opens into its work.
  1. 1937
    Japan in World Economics

    Japan in World Economics

    Emil Lederer · 5 sections

    Japan’s industrial recovery during the world depression posed a paradox: expanding production and exports did not bring comparable gains in workers’ incomes. In this 1937 article, Emil Lederer looks beyond currency depreciation to explain how agricultural distress, family workshops, weak unions, and industrial rationalization combined to keep labor costs low as productivity rose. His analysis connects the collapse of silk-export earnings to the need for greater manufactured exports—and greater imports of raw materials. Success thus deepened dependence on foreign markets just as protectionism restricted access to them. Read against Japan’s imperial ambitions, the article offers a concrete distinction between territorial power and economic security: Lederer argues that domination of Manchukuo did not solve the trading constraints that helped drive expansion.

    Thus the Japanese experience with Manchukuo again proves the rule that political domination as such does not guarantee an improvement in economic relations.

  2. 1937
    Public Opinion

    Public Opinion

    Emil Lederer · 1 sections

    Democracy must defend the freedoms that its opponents can use to dismantle it—but when does self-defense become domination? In this 1937 essay, Emil Lederer treats public opinion not simply as newspaper commentary or electoral preference, but as something formed through families, schools, associations, and everyday participation. His challenge to the marketplace of ideas is concrete: unequal funding, deliberate falsehoods, and emotional manipulation can make formally free competition anything but fair. Education and disclosure therefore matter alongside legal safeguards. Yet Lederer also confronts the danger that leaders empowered to protect liberty may become its suppressors. The essay offers a demanding account of democratic citizenship while leaving readers with an unresolved practical question: how to resist movements bent on abolishing freedom without corrupting the institutions defending it.

    Citizens are not born, they are made.

  3. 1937
    Review of Japan's Feet of Clay, by Freda Utley

    Review of Japan's Feet of Clay, by Freda Utley

    Emil Lederer · 1 sections

    Accurate evidence can still yield a distorted picture: this is Emil Lederer’s objection to Freda Utley’s account of Japan in his 1937 review of Japan’s Feet of Clay. Accepting her documentation of poverty and exploitation, he questions what it explains. Rice yields become a test of misleading international comparison; proposals for agrarian reform expose the difference between redistributing income and increasing production. His more contentious argument concerns the hold of imperial myth and tradition, which he believes Utley underestimates. The review offers a compact encounter with Lederer’s insistence that economic constraints and cultural allegiance must both enter social explanation—and with his conditional alternative to conquest: peaceful industrial development linked to China and Siberia.

  4. 1937
    Review of Militarism in Japan, by Kenneth W. Colegrove

    Review of Militarism in Japan, by Kenneth W. Colegrove

    Emil Lederer · 1 sections

    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.

  5. 1937
    The Economic Doctrine of National Socialism

    The Economic Doctrine of National Socialism

    Emil Lederer · 9 sections

    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.

  6. 1937
    The Search for Truth

    The Search for Truth

    Emil Lederer · 1 sections

    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.

  7. 1938
    [Review of Nationalökonomie—wozu? by Walter Eucken]

    [Review of Nationalökonomie—wozu? by Walter Eucken]

    Emil Lederer · 1 sections

    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.

  8. 1938
    Price Dislocations versus Investments

    Price Dislocations versus Investments

    Emil Lederer · 5 sections

    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.

  9. 1938
    Review of Weltwirtschaftliches Archiv, Zeitschrift des Instituts für Weltwirtschaft an der Universität Kiel

    Review of Weltwirtschaftliches Archiv, Zeitschrift des Instituts für Weltwirtschaft an der Universität Kiel

    Emil Lederer · 1 sections

    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.

  10. 1938
    Who Pays for German Armament?

    Who Pays for German Armament?

    Emil Lederer · 4 sections

    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.

  11. 1939
    [Emil Lederer's contribution to Divergencies in the Development of Recovery in Various Countries]

    [Emil Lederer's contribution to Divergencies in the Development of Recovery in Various Countries]

    Emil Lederer · 1 sections

    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.

  12. 1939
    Domestic Policy and Foreign Relations

    Domestic Policy and Foreign Relations

    Emil Lederer · 3 sections

    A country can retain its borders yet lose control over the conditions of its domestic life. In this 1939 essay, Emil Lederer examines how totalitarian regimes exert pressure beyond their territories through propaganda, organizations abroad, and the threat of sudden military attack. His distinctive concern is not simply conquest: defensive preparation itself can force democracies to sacrifice wages, leisure, and civilian priorities. German claims over nationals abroad expose the tension between cultural affiliation and political sovereignty; permanent rearmament carries that tension into everyday economic life. Lederer thus offers a concrete way to understand how foreign regimes can constrain democratic choices without formally abolishing national independence—and why military defense alone cannot answer every form of interference.

    Borderlines, it is true, still exist between the states, but in its domestic affairs the world has become one unit.

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