Economic History

An Economy Geared to War

Richard Overy argues that the lesson Hitler Drew from 1914-18 was not that a major war should be avoided, but that Germany should prepare more systematically so that, next time, she would win.

Britain Abandons the Groundnuts Scheme

Started in 1947, to grow peanuts in Tanganyika as a contribution to both the African and British economies, the Groundnuts Scheme was abandoned four years later on January 9th, 1951.