"John Maynard Keynes (1883 - 1946), was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics. Keynes advocated the use of fiscal and monetary policies to mitigate the adverse effects of economic recessions and depressions. He detailed these ideas in his magnum opus, The General Theory of Employment, Interest and Money, published in late 1936.
The Economic Consequences of the Peace by John Maynard Keynes, first published in 1919, is a landmark critique of the Treaty of Versailles, written by one of the foremost economists of the 20th century. Keynes, who had served as a delegate at the Paris Peace Conference, argued that the treaty imposed excessively harsh reparations on Germany, which would destabilize the European economy and sow resentment that could threaten long-term peace. He emphasized that the punitive economic measures ignored both practicality and fairness, leaving Germany with crippling debts, territorial losses, and diminished productive capacity, while failing to create a framework for economic recovery or cooperation.
The book quickly became influential, shaping public opinion by warning that short-sighted political triumphalism was undermining Europe's future stability. Keynes presented an alternative vision rooted in economic reconstruction, international trade, and mutual prosperity rather than retribution. His arguments were controversial at the time, but later events, including Germany's economic collapse and the rise of extremism, gave his analysis enduring credibility. As a result, the work remains a foundational text in both economic history and international relations, illustrating the dangers of neglecting economic realities in peace settlements."
Minor wear and fading to cover and spine as shown. Split to inside hinge paper but cover holding strong. Contemporary owner mark an ex-libris plate to front endpapers with 1923 newspaper article in back of book that has stained rear endpapers. Pages in very good order with tight binding. Very good condition overall. Please study photos to understand condition. Happy to provide more photos on request.
