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OK, you win!

Thanks for these corrections.  The really interesting story (for me) is why the German economy so completely outperformed most of the rest of the world's during the 1930s.  I THINK Veblen's explanation would be included in the following:

"The industrial system is handicapped by dissension, misdirection, and unemployment of material resources, equipment, and man power, at every turn where the statesmen or the captains of finance can touch its mechanisms." (1921)

What I know about this subject (which apparently isn't much) I got while reading Wm. Manchester's "The Arms of Krupp."  Manchester was a WWII vet who actually saw real combat (not a LOT of them from USA, you know) and spent the next 25 years trying to make sense of it all.

If you ever write a diary about this, please let me know

"Remember the I35W bridge--who needs terrorists when there are Republicans"

by techno (reply@elegant-technology.com) on Sat Feb 24th, 2007 at 01:43:37 PM EST
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