[An] engaging book.
Foreign Affairs
The value of Swiss historian Tobias Straumann's book is that it focuses our attention squarely on the drama of that year, the moment when the fragile political and financial order restored after the first world war came apart ... a fast-paced and elegantly constructive narrative... If John Kenneth Galbraith forever etched the 1929 crash into historical consciousness, with his classic 1955 account, Straumann has given us the narrative of 1931 that every decision maker
in Europe should read.
Adam Tooze, Financial Times
Tobias Straumann's book is a welcome addition ... Straumann ably shows the progress of the German crisis and how it was intertwined with the vexed issues or reparation ... Straumann relates [...] complex events with remarkable clarity, largely eschewing jargon and displaying considerable panache. Rarely has the dismal science been less dismally presented. Happily, for those wishing to write about Nazism's rise, there is now an accessible, non-specialist volume to
explain the economic aspect.
Roger Moorhouse, BBC History Magazine
In this excellent book, Straumann narrates the German story of 1931 with clarity and authority.
Max Harris, LSE Blogs
A superbly researched and highly readable account of financial panic and democratic collapse in Weimar Germany.
Srinath Raghavan, Open the Book, Best Books of 2019
Tobias Straumann's 1931, is, like George Orwell's 1984, dour and disturbing; ironic and important.
David Marx: Book Reviews
A stunning, fast-paced and deeply researched narrative that accurately delineates the links between financial panic and political collapse in the most iconic case of all: the destruction of democracy in Weimar Germany.
Harold James, Claude and Lore Kelly Professor in European Studies, Princeton University
In this engaging book, Straumann, a leading Swiss economic historian, examines a critical factor in Adolf Hitler's rise to power.
Foreign Affairs