Princely Pride
Jonathan Steinberg: Emperor Frederick III, 10 May 2012
Our Fritz: Emperor Frederick III and the Political Culture of Imperial Germany
by Frank Lorenz Müller.
Harvard, 340 pp., £33.95, October 2011,978 0 674 04838 6 Show More
by Frank Lorenz Müller.
Harvard, 340 pp., £33.95, October 2011,
“... the vast riches of the American and Canadian Great Plains, the Argentinian pampas or the Russian Black Earth regions. Falling prices in industries with heavy fixed investment (railways, steel plants, iron foundries and the like) raised the cost of the interest they paid to investors and banks at the very moment revenues fell below marginal costs and ... ”