The Economic Consequences of the Peace
One of the most important economic documents of the 20th century
John Maynard Keynes, at the time a rising young economist, abruptly resigned his position as adviser to the British delegation negotiating the peace treaty ending World War I. Frustrated and angered by the Allies' focus on German war guilt, Keynes predicted that the vindictive reparations policy, which locked Germany into long-term payments, would not only stifle the German economy for another generation but leave Europe in ruins.
Published in 1919, Keynes's The Economic Consequences of the Peace aroused heated debates throughout Europe; his remarkably prescient conclusions were frequently cited by German leaders during the decades between the wars. Keynes's well-reasoned yet impassioned arguments, peppered with biting portraits of the statesen involved in the peace treaty—including Llyod George, Georges Clemenceau, and Woodrow Wilson—brought him immediate fame.
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From the Trade Paperback edition.
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LibraryThing ReviewUser Review - HadriantheBlind - LibraryThing
Needed to get more acquainted with Keynes, so I'm starting at the beginning. This is one of those classics which have permeated modern thought so thoroughly that you feel as though you've read it ... Read full review
LibraryThing ReviewUser Review - jcbrunner - LibraryThing
Keynes' The Economic Consequences of the Peace is a good companion piece to Margaret MacMillan's Paris 1919. Keynes participated as an expert in the Paris peace treaty negotiations which were mainly ... Read full review
III The Psychology of Society
IV The Relation of the Old World to the New
I Undertakings given prior to the Peace Negotiations
II The Conference and the Terms of the Treaty
III Germanys Capacity to pay
IV The Reparation Commission
V The German CownterProposals
1 The Revision of the Treaty
2 The Settlement of InterAlly Indebtedness
3 An International Loan
4 The Relations of Central Europe to Russia