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Economics
The Economic Consequences of the Peace
English BooksWhale Edition by John Maynard Keynes
Keynes’s influential critique of the Versailles settlement, reparations, Europe’s economy, and postwar instability.
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Book introduction
The Economic Consequences of the Peace
The Economic Consequences of the Peace analyzes the Treaty of Versailles, reparations, European production, finance, food supply, political strain, and the risks of punitive peace. John Maynard Keynes combines economic argument, diplomatic observation, and historical warning in a work that shaped debates over war debts, reconstruction, and international order.
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John Maynard Keynes died in 1946, and The Economic Consequences of the Peace was first published in 1919. These dates support the public-domain basis for this original-language edition.
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The Economic Consequences of the Peace
by
JOHN MAYNARD KEYNES, C.B. Fellow of King's College, Cambridge
New York Harcourt, Brace and Howe
1920
Preview chapterPREFACEPreview
The writer of this book was temporarily attached to the British Treasury during the war and was their official representative at the Paris Peace Conference up to June 7, 1919; he also sat as deputy for the Chancellor of the Exchequer on the Supreme Economic Council. He resigned from these positions when it became evident that hope could no longer be entertained of substantial modification in the draft Terms of Peace. The grounds of his objection to the Treaty, or rather to the whole policy of the Conference towards the economic problems of Europe, will appear in the following chapters. They are entirely of a public character, and are based on facts known to the whole world.
J.M. Keynes. King's College, Cambridge, November, 1919.
I. INTRODUCTORY II. EUROPE BEFORE THE WAR III. THE CONFERENCE IV. THE TREATY V. REPARATION VI. EUROPE AFTER THE TREATY VII. REMEDIES
Preview chapterTHE ECONOMIC CONSEQUENCES OF THE PEACEPreview
THE ECONOMIC CONSEQUENCES OF THE PEACE
Table of contents
Inside this edition
- 01Full text
- 02PREFACE
- 03THE ECONOMIC CONSEQUENCES OF THE PEACE
- 04CHAPTER I
- 05INTRODUCTORY
- 06I have told thee that It works unwittingly, As one possessed not judging.
- 07CHAPTER II
- 08EUROPE BEFORE THE WAR
- 09I. Population
- 10II. Organization
- 11III. The Psychology of Society
- 12IV. The Relation of the Old World to the New
- 13CHAPTER III
- 14THE CONFERENCE
- 15CHAPTER IV
- 16THE TREATY
- 17CHAPTER V
- 18REPARATION
- 19I. Undertakings given prior to the Peace Negotiations
- 20II. The Conference and the Terms of the Treaty
- 21III. Germany's Capacity to pay
- 22GERMAN TRADE (1913) ACCORDING TO DESTINATION AND ORIGIN.
- 23I make three provisos only, none of which affect the force of my argument for immediate practical purposes.
- 24IV. The Reparation Commission.
- 25CHAPTER VI
- 26EUROPE AFTER THE TREATY
- 27CHAPTER VII
- 28REMEDIES
- 29THE END
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