Mises' Role In Post-wwi Vienna Politics

University:
Swansea University
Course:
FIN520 | Financial Ethics and Accountability
Academic year:

2024
Views:

283

Pages:

2
Author:

Caroline H.

MISES' ROLE IN POST-WWI VIENNA POLITICS 1. Consolidation of Public Finance  Abolition of food subsidies  Compensating workers due to inflation  Agreement on the living wage in December 1921 2. Inflation in Vienna (1919-1922)  Intensifying inflation and its effects  Efforts for economic recovery and foreign appreciation  End of serious inflation in August 1922 3. Avoiding a Financial Crisis  Postponing the crisis from 1923 to 1931  Influence of different groups on Austria's financial policy  Mises and Rosenberg's position on monetary policy 4. Separation of Economically Backward Regions  Mises' belief in the positive effects of separation  Challenges faced by a diminished Austria  The need for foreign experts to monitor financial policy 5. Political Landscape in Vienna  The balance of power in the federal government  Emergence of paramilitary organizations  Violent conflicts and the fragile balance 6. Socialist Hegemony  Mises' view of socialist influence  Socialists' focus on destroying capitalist orders  Emergence of an armed party and civil war tensions 7. Mises' Move to Geneva  Anticipation of Nazi Germany's annexation  Understanding the undermining of Austria's independence