The Economic Consequences Of The Peace

The Economic Consequences Of The Peace

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The Economic Consequences Of The Peace (1919) Was Written By John Maynard Keynes. Keynes Attended The Versailles Conference As A Delegate Of The British Treasury And Argued For A Much More Generous Peace. It Was A Bestseller 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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Frequently Asked Questions

  • Q: What is the main theme of 'The Economic Consequences of the Peace'? A: 'The Economic Consequences of the Peace' primarily discusses the economic and political ramifications of the Treaty of Versailles, advocating for a more lenient approach towards Germany after World War I. Keynes argues that the harsh terms imposed would lead to economic instability and political unrest.
  • Q: Who is the author of this book? A: The book is authored by John Maynard Keynes, a prominent economist known for his significant contributions to modern economic theory.
  • Q: When was 'The Economic Consequences of the Peace' first published? A: The book was first published in 1919, following the end of World War I.
  • Q: What is the page count of this edition? A: This edition contains 142 pages.
  • Q: What is the binding type of this book? A: The book is available in paperback binding.
  • Q: What condition is the book in? A: The item is listed as 'Good' condition.
  • Q: In what category does this book fall? A: This book falls under the category of Macroeconomics.
  • Q: What are the key arguments presented by Keynes in the book? A: Keynes argues that the punitive reparations and territorial losses imposed on Germany would create economic hardship, potentially leading to further conflicts. He emphasizes the need for a more balanced peace for long-term stability.
  • Q: Is this book suitable for readers unfamiliar with economics? A: Yes, while it discusses complex economic ideas, Keynes presents them in a manner that is accessible to general readers interested in historical and economic issues.
  • Q: What impact did this book have on public opinion regarding the Versailles Treaty? A: The book significantly influenced public opinion by highlighting the perceived injustices of the Versailles Treaty, contributing to a growing sentiment against the treaty and shaping attitudes towards international relations in the years following the war.