Quarterly Journal of Austrian Economics
Author:
T. Hunt Tooley
Online Publish Date:
Volume 2, No. 2 (Summer 1999) It has long been recognized that the year 1916 was the turning point in World War I, the year in which, as historian René Albrecht-Carrié (1965) put it, the deeper forces broke through. This process is not nearly as mysterious as it sounds on first hearing. On the battle fronts, the bloodlettings of 1916 — Verdun, the