Germany: an experiment in planning by the “free” price mechanism

Germany: an experiment in planning by the “free” price mechanism
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德国:“自由”价格机制的规划实验

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发表时间:
1950
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通讯作者:
T. Balogh
T. Balogh
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文献类型:
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作者:
T. Balogh

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该研究讨论并严厉批评了1948年中期西德推行的货币改革和价格机制回归的经济政策。有人认为,“德国立场的特点并不是局限于该国的特殊问题的后果。它们对所有依赖与不稳定的世界经济体系进行贸易的贫困国家的解除控制问题具有普遍影响。相反,德国的‘实验’会导致英国和斯堪的纳维亚国家等国家的公然恶性通货膨胀和崩溃,因为这些国家的工会不会接受这种粗暴降低其生活水平的做法,以支持小额贸易。少数人;他们的抵抗将导致货币崩溃。
The study discusses and severely criticises the economic policy introduced in Western Germany in the middle of 1948 by the monetary reform and the return to a price mechanism. It is contended that the “features of the German position are not the consequences of the special problems confined to that country. They have a general bearing on the question of decontrol in all impoverished countries dependent on trade with an unstable world economic system. On the contrary, the German ‘experiment’ would have resulted in an open vicious inflation and breakdown in, e.g. , Britain and the Scandinavian countries because the Trade Unions in those countries would not have accepted this harsh reduction of their standard of life in favour of a tiny minority; and their resistance would have led to a monetary collapse.