The Economic Consequences of Peace - Softcover

Keynes, John Maynard

Softcover

ISBN 10: 1505713358 ISBN 13: 9781505713350

Publisher: CreateSpace Independent Publishing Platform, 2014

Synopsis

John Maynard Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, as well as the economic policies of governments. He greatly refined earlier work on the causes of business cycles, and advocated the use of fiscal and monetary measures to mitigate the adverse effects of economic recessions and depressions. In the 1930s, Keynes spearheaded a revolution in economic thinking, overturning the older ideas of neoclassical economics. His ideas are the basis for the school of thought known as Keynesian economics. The Economic Consequences of the Peace was written in 1919. Keynes attended the Versailles 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.

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About the Author

John Maynard Keynes, 1st Baron Keynes was a British economist whose ideas, called Keynesian economics, have had a major impact on modern economic and political theory as well as on many governments' fiscal policies. He advocated interventionist government policy, by which the government would use fiscal and monetary measures to mitigate the adverse effects of economic recessions, depressions and booms. He is one of the fathers of modern theoretical macroeconomics and considered among the most influential economists of the 20th century.

About this edition

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2014
• ISBN 10: 1505713358
• ISBN 13: 9781505713350
• Binding: Paperback
• Number of pages: 126