The Economic Consequences of the Peace
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3.8 • 69 Ratings
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Publisher Description
The book was critical in establishing a general worldwide opinion that the Versailles Treaty was a brutal and unfair peace towards Germany. 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.
Customer Reviews
A Well-written Book with Profound Thoughts
The Economic Consequences of the Peace, written by John Maynard Keynes, focused on the treaty among participants of the First World War. Keynes spent various chapters documenting and describing the conditions of the United States and various European countries before, during, and after the war. The book examined the European and the world in various aspects including but not limited to politics, economics, social evolution, and psychology and behaviors of all in the particular era. After evaluation and criticism of the existing destructive organization, Keynes tried to set a forward vision on how to bring Europe and the world to a path of revival and prosperity. In his vision, a thriving society and economy needed less blockage via government intervention, better facilitated free trade, cooperation among participants, and solidarity. Moreover, Keynes’ stunning ability on writing good literature made this book a enjoyable one.
Keynes is a fool.
The mere idea that peace can harm an economy should be laughed at by anyone who proposes it, but Keynes is the same buffoon who put forth the BROKEN WINDOW THEORY. The fact that so many people within academia idolize this man is beyond scary.
A Worthwhile Read
This book is a great analysis of Europe’s economy before and after the First World War. It details the conditions of the peace compact made between the Allied and Central Powers, and charts out the general impact towards Continental Europe with the growth of capital and the steady increase in standard of living. Keynes describes the militarism and imperialism of his times as a serpent in the otherwise economic paradise of Europe before the Great War. Keynes was flawed in some undeniable ways with his understanding of the economy, but a Warhawk he certainly was not. If one wishes to (and feels they must) slander another Brit of the same period who was much more chummy with militarism and imperialism, they should go leave bad reviews for Rudyard Kipling.
P. S.
The negative reviews are from people who I suspect did not even read this text. I have actually read it entirely and am providing this review as an equipoise to their buffoonery.