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Books > History > History of specific subjects > Economic history
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The Economic Consequences of Peace (Hardcover)
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The Economic Consequences of Peace (Hardcover)
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As the most important figures in the history of economics, the work
of John Maynard Keynes is nearly without precedent in the history
of economics. THE ECONOMIC CONSEQUENCES OF PEACE, first published
in 1919, achieved great notoriety due of its contemptuous critique
of the French premier as well as President Woodrow Wilson. Keynes
criticized the Allied victors for signing the Treaty of Versailles
in 1920, which would have ruinous consequences for Europe. At the
time, few world and economic leaders appreciated his criticisms as
Keynes saw his worst fears realized in the rise of Adolf Hitler and
the resulting devastation of World War II. JOHN MAYNARD KEYNES
(1883-1946) was born into an academic family. His father, John
Nevile Keynes, was a lecturer at the University of Cambridge where
he taught logic and political economy while his son was educated at
Eton and Cambridge. Most importantly, Keynes revolutionized
economics with his classic book, The General Theory of Employment,
Interest and Money (1936). This work is generally regarded as
perhaps the most influential social science treatise of the 20th
Century, as it quickly and permanently changed the scope of
economic thought. Interestingly, Keynes was a central member of the
Bloomsbury Group, a collection of upper-class Edwardian aesthetes
that served as his life outside of economics, which included
Virginia Woolf, Clive Bell, and Lytton Strachey.
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