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Hahn, 1944. Social Research 11(2):242-258

Capital is Made at Home
L. Albert Hahn

Social Research: An International Quarterly

Arien Mack, Editor

Volume 11, No. 2 (Summer 1944): 242-258

EXCERPT: Plans for the export of American capital to the European continent after the war are being widely discussed. The opposition generally argues that the loans will again lead to losses, this time to the taxpayer, since they would be granted through the government rather than by private investors. But Europe's need for American credit is taken for granted.-The question must be raised, however, as to how far Europe will really need American credit, and how far it will be able to rely on home-made capital. To clarify these issues it is useful and necessary to recall to mind the financial development in Germany between the two wars. The outstanding features of that development will be the subject of discussion in the following pages...
Stock number:SRJ-ART-112-0242 Price:$15.00

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