10 Cows + 20 Acres

[n.p.]: [n.p.], [1936]. 350 by 210mm (13¾ by 8¼ inches). Stapled mimeographed speech; [22] pp. In English. Draft of an article Brandt published in the Journal of Farm Economics, Feb. 1937, Vol. 19, No. 1. There are differences between this copy and the published version—the footnotes differ and there are slight differences throughout the text (for example, an ​“outstanding scholar” becomes the ​“only scholar” in the published version. Good plus, the first and last pages quite brittle at the fold marks (the speech was folded in half). Staples rusting. The speech is on the mechanics of valuing farmland in Germany. It is an evaluation of the capitalized revenue method with a discussion on the 1927–28 agricultural depression and the impact of taxes on farm value.

Karl Brandt (1899–1975) was a German American agricultural economist and one of the founding members of the Mont Pelerin Society in 1947. Other founders include Friedrich Hayek, Karl Popper, Ludwig von Mises, and Milton Friedman. Brandt became a Professor at Stanford (associated with the Hoover Institution).

EXILE: Brandt fled Germany in 1933 shortly after Hitler came to power. After World War II, he gave numerous speeches on ​“What to do with Germany?” Brandt strongly believed that Germany was the key to peace in Europe and that liberalism would allow Germany to return to a democratic society.

Bibliography: Brandt; Sternfeld and Tiedemann (with information on his post-war speeches).