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Guns and Butter - But No Margarine: The Impact of Nazi Economic Policies on German Food Consumption, 1933-38

Spoerer, Mark ; Streb, Jochen



Abstract

The German population's material standard of living during the 'peace years' of the Nazi regime (1933-38) is much debated. We use hitherto disregarded consumption data and the axiom of revealed preferences to test whether the material standard of living improved. We find that the food consumption bundle realized in 1935-36 must have been inferior to that of 1927-28, despite GDP per capita being ...

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