Socialism with a Human Face: Using Behavioural Economics to Understand East German Economic History by Gary B. Magee
English | PDF,EPUB | 2022 | 372 Pages | ISBN : 9811906637 | 13.3 MB
East Germany’s economic history is typically told as a story of the unravelling of an inherently flawed system. Yet, while the system’s inefficiency is undeniable, its economic history was much richer than its comparatively poor economic performance suggests. For many who lived there, it was a system that, over its forty years, was capable of achievements and generally functioned at bearable levels. This book combines the insights of behavioural economics with archival research to peel away layers of rhetoric and assumptions about the East German economy and explore aspects of that underlying functionality.