Ulrich Wengenroth (review date June 1996)
SOURCE: A review of Paper and Iron, in Journal of Economic History, Vol. 56, No. 2, June, 1996, pp. 506-7.
[In the following review, Wengenroth offers a tempered assessment of Paper and Iron, concluding that final judgement of the book depends upon a reader's “political taste.”]
After a plethora of books examining the German inflation after World War I via the documents of the Reichsbank, the Berlin government, and those of the magnates of the Ruhr’s heavy industry, Niall Ferguson’s Paper & Iron represents a most welcome shift of perspective in making Hamburg and its business elite the point of departure. At the center of this elite...
(The entire section is 785 words.)