Publisher's Synopsis
Excerpt from The Economic Policy of Austria-Hungary During the War in Its External Relations
The main historical interest of the economic policy of Austria Hungary during the War lies precisely in its connection with this idea of a Central Europe bound together, as against the world out side, economically if not politically. This idea, as is pointed out in the following pages, had been warmly advocated before the War by many thinkers and men of affairs both in Germany and Austria Hungary. The War gave it a powerful impetus. The eminent German economist Franz von Liszt published in 1914 a brochure in which he gave it a new expansion, and advocated, in the event of the ultimate victory of the Central Powers, the establishment of a middle-euro pean League of States which should include not only Central Eu rope but all Continental countries from the Arctic Ocean to the shores of the Mediterranean, with the exception of Russia, France, and Spain. The eminent Austrian economist Eugen von Philippe vich followed this up in 1915, at Dr. Von Liszt's invitations, with a contribution to the same serial publication (zwischen K rieg and Frieden) in which, after an elaborate examination of the problems involved, he advocated an economic union between austria-hungary and Germany as the condition precedent to the creation of a wider league. The greatest and most widespread in?uence, however, was exercised by Friedrich Naumann, whose M itteleuropa also appeared in 1915. This book, with its brilliant and original style and its min gling of practical realism with patriotic and religious idealism, was eminently calculated to appeal to the German popular intelligence. Its success was immense and immediate; it circulated in many thou sands and, translated into several languages, it first revealed the portentous vision of Central Europe to the outside world.
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