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 Economic Consequences of Peace by John Maynard Keynes

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Muwahhed
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PostSubject: Economic Consequences of Peace by John Maynard Keynes   Mon Aug 04, 2008 7:26 pm

Economic Consequences of Peace by John Maynard Keynes

The Economic Consequences of the Peace is a book published by John Maynard Keynes in 1919. Keynes attended the conference as a delegate of the British Treasury and argued for a much more generous peace. It was a best seller throughout the world and was critical in establishing a general opinion that
the Versailles Treaty was a Carthaginian peace. It helped to consolidate American public opinion against the treaty and involvement in the League of Nations. The perception by much of the British public that Germany had been treated unfairly
in turn was a crucial factor in public support for appeasement. The success of the book established Keynes' reputation as a leading economist especially on the left.
When Keynes was a key player in establishing the Bretton Woods system in 1944, he remembered the lessons from Versailles as well as the Great Depression. The Marshall Plan after Second World War is a similar system to that proposed by Keynes in The Economic Consequences of the Peace.







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