The Lasting Legacies of World War I
– November 1, 2008
Economic Bulletin
Vol. XLVIII No. 11 : November, 2008
This November marks the 90th anniversary of the end of World War I. The war ushered in a period of big government and paper money inflations. The most devastating examples were the hyperinflations in postwar Germany and Austria. The world still is under the influence of those same ideas of government paternalism and monetary central planning.
by Richard Ebeling
EEB-1108-WWIRichard M. Ebeling
Richard M. Ebeling, an AIER Senior Fellow, is the BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel, in Charleston, South Carolina.
Ebeling lived on AIER’s campus from 2008 to 2009.
