The Interwar Period

This chapter begins with a description of the complicated economic situation after World War One. We contrast the Czech and Hungarian responses to hyper-inflationary pressures. After a short portrayal of Wladyslaw Zawadzki, we present the life and work of

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An Introduction to the History of Economic Thought in Central Europe Julius Horvath

Palgrave Studies in the History of Economic Thought Series Editors Avi J. Cohen Department of Economics York University & University of Toronto Toronto, ON, Canada G. C. Harcourt School of Economics University of New South Wales Sydney, NSW, Australia Peter Kriesler School of Economics University of New South Wales Sydney, NSW, Australia Jan Toporowski Economics Department School of Oriental & African Studies University of London London, UK

Palgrave Studies in the History of Economic Thought publishes contributions by leading scholars, illuminating key events, theories and individuals that have had a lasting impact on the development of modernday economics. The topics covered include the development of economies, institutions and theories. More information about this series at http://www.palgrave.com/gp/series/14585

Julius Horvath

An Introduction to the History of Economic Thought in Central Europe

Julius Horvath Dept. Economics Central European University Budapest, Hungary

ISSN 2662-6578     ISSN 2662-6586 (electronic) Palgrave Studies in the History of Economic Thought ISBN 978-3-030-58925-7    ISBN 978-3-030-58926-4 (eBook) https://doi.org/10.1007/978-3-030-58926-4 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

To Petra, Robert, and Roman

Acknowledgments

I have benefited from an engagement with many scholars, who were also remarkably inspirational. This has been a long process. I would like to thank for fruitful debates in particular to Nikolay N

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