"As crises unfold, the narratives chronicled by journalists, economists, and historians produce stories that serve not only to recount events, but also to prescribe preventative measures. Combining multiple narratives of economic crisis in Germany over the past 200 years, Invested Narratives...

We study the link between fiscal austerity and Nazi electoral success. Voting data from a thousand districts and a hundred cities for four elections between 1930 and 1933 shows that areas more affected by austerity (spending cuts and tax increases) had relatively higher vote shares for the Nazi...