John Maynard Keynes, Volume 1The culmination of these efforts was his famous anti-inflationist tract, How to Pay for the War, whose logic, and supporting national income accounts, was accepted as the basis of Kingsley Wood's budget of 1941. For the rest of his life Keynes was involved in difficult financial negotiations with the United States, first to establish conditions of American help to Britain, then to devise a postwar financial system that satisfied American requirements without sacrificing Britain's interests, and finally, and most traumatically, to get Britain a loan to tide it over the first postwar years. When he died in 1946, Lionel Robbins wrote, "He gave his life for his country, as surely as if he had fallen on the field of battle." |
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Page 231
... gold ; and imposed on the Bank the obligation to convert notes into gold on demand at a fixed rate . The third great monetary discussion , which took place while Keynes was growing up , was provoked by the fall in prices in the 1880s ...
... gold ; and imposed on the Bank the obligation to convert notes into gold on demand at a fixed rate . The third great monetary discussion , which took place while Keynes was growing up , was provoked by the fall in prices in the 1880s ...
Page 275
... gold by means of credits abroad in sterling , as opposed to the gold standard proper , one in which there was a gold currency for internal circulation and gold reserves for settling international debts . Far from being a sign of second ...
... gold by means of credits abroad in sterling , as opposed to the gold standard proper , one in which there was a gold currency for internal circulation and gold reserves for settling international debts . Far from being a sign of second ...
Page 290
... gold standard - even though the exchanges were turning in sterling's favour . According to E. V. Morgan's standard ... gold at the Bank of England ; and – most notoriously on 31 July – refused their customers gold . ( This ' internal run ...
... gold standard - even though the exchanges were turning in sterling's favour . According to E. V. Morgan's standard ... gold at the Bank of England ; and – most notoriously on 31 July – refused their customers gold . ( This ' internal run ...
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Allies Apostles Asquith August Austen Chamberlain Bank biographer Bloomsbury British called Cambridge Clive Bell currency David Garnett December Duncan Grant economics economist Edwin Montagu ethical Eton father February feel Florence Foxwell French friends G. E. Moore Geoffrey Gerald Shove German gold Harrod Harvey Road Hobhouse Ibid India Office intellectual interest January JMK's John July June Keynes wrote Keynes's King's College later lectures Leonard Woolf letter Lloyd George London Lord Lytton Strachey March Margot Asquith Marshall Marshall's Mary Berenson mathematics Maynard Keynes Maynard wrote McKenna mind Montagu Moore Moore's Moral Sciences mother never Neville Neville's November October Oxford paper Peace philosophy Pigou Principia Ethica Professor reparations Roger Fry Rupert Brooke seems September Sheppard Sidgwick social Society started Swithinbank theory things thought tion told took Treasury Treaty Tripos undergraduate University Utilitarian Vanessa Victorian wanted Woolf writing