2,793 works, 150 years of economic thought. Each one summarized and searchable, with cited passages inside.
In the Vienna of 1922, ordinary households followed the share listings as a matter of survival, and Moriz Dub set out to explain why. Written as a sequel to his earlier study for the Finanz- und Volkswirtschaftliche Zeitfragen series, this pamphlet insists that the spectacular boom on the Austrian and German exchanges—the Katastrophenhausse—is no prosperity but the market's mirror of currency collapse. Through tables converting Vienna and Berlin quotations into dollar parities, Dub shows that gains reckoned in crowns and marks conceal real impoverishment; investors flee money for Substanzwerte, claims on inventories, land, and machinery. Only monetary stabilization can end the spell, he argues, and its price will be a fall in securities whose rise depended on endless depreciation.
Österreich ist für jenen, der mit fremder Valuta rechnet, das billigste Land Europas, während seine eigenen Bewohner unter unerträglicher Teuerung stöhnen.
English translation: “For anyone reckoning in foreign currency, Austria is the cheapest country in Europe, while its own inhabitants groan under unbearable inflation.”
External supervision can enforce economies, but can it make a depressed economy yield the revenues a balanced budget requires? In this 1923 article, Moriz Dub examines Austria’s financial reconstruction under League of Nations oversight, supporting fiscal discipline while testing its practical limits. Dismissals bring severance costs and the loss of experienced officials; higher tobacco prices and railway tariffs risk reducing consumption and traffic rather than increasing receipts. His commercial scrutiny of state enterprises does not lead to an automatic case for privatization: sales backed by government guarantees would leave public risk intact. The article offers a concrete account of the tension between administrative resolve and economic capacity, showing why a sharply reduced projected deficit is not yet a secure financial recovery.
Austria’s proposed 1925 budget could show a deficit while concealing an operating surplus—and still fall short of lasting recovery. Writing in 1924, Moriz Dub examines this tension by separating investment from current expenditure and treasury gains from their economic costs. His provisional assessment challenges the apparent success of retrenchment: unexpectedly strong revenues, rather than promised spending cuts, had driven fiscal improvement, while premature retirements increased pension obligations. Inflation likewise lightened public debt by destroying creditors’ claims. The article offers a concrete way to test the meaning of stabilization under League of Nations supervision: not merely whether the accounts balance, but whether productive investment and a recovering economy can sustain them.