The Economic Consequences of the Peace [Annotated]
The publisher's special commentary chapter and the author's biography are included in this version.
The Economic Consequences of the Peace by John Maynard Keynes is one of the nonfiction best sellers during 1919-1920. The author, Keynes, attended the Versailles Conference as a delegate of the British Treasury and argued for a much more generous peace. This book was a bestseller throughout the world and was critical in establishing a general opinion that the Versailles Treaty was a ""Carthaginian peace"". 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.
- Siber, January 2013
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