De-concentration after World War I -- De-concentration after World War I (part 2) -- The renewed dominance of finance capital under the Depression -- The growing community of interests -- The new oligarchy -- Finance capital in federal finance.

We test several hypotheses concerning the growth of public expenditure by the Austrian monarchy between 1870 and 1913 in relation to Wagner's law, as well as the impact of increasing public indebtedness and the expanding role of the Imperial Council towards the end of the analyzed period, using...