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$0 eBook: The Economic Consequences of the Peace

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By John Maynard Keynes, 294 pages

Amazon's Description:

The Economic Consequences of the Peace was written and published by John Maynard Keynes. After World War I, 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. The perception by much of the British public that Germany had been treated unfairly in turn was a crucial factor in public support for appeasement. The success of the book established Keynes' reputation as a leading economist. 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.

Two more free books by the author:

A Revision of the Treaty
232 pages
https://www.amazon.com/Revision-Treaty-John-Maynard-Keynes-e…

Indian Currency and Finance
272 pages
https://www.amazon.com/Indian-Currency-Finance-Maynard-Keyne…

eBooks are free at time of posting. Please check price before buying.

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closed Comments

  • Wasn't this written by Trump?

    • +8

      Trump is the consequence of Kenseyian economics.

  • +4

    Of course he did!! Just like how he came up with the phrase 'priming the pump'.

  • This book is an excellent read

  • When the journo hanging off the back of a tank says it's all over bar the shouting
    I think they mean the viewers out there in tv land have lost interest
    Now if we could get a limited nuke war going and have a bit of a walking dead situation, then that would be a show

  • +5

    Kenseyian ideology is that one that most economists follow these days, it is not the only or by any means best one out there. Given the state of the worlds economics I'm not even sure it's that good. :)

    For a great and entertaining summary:
    https://www.youtube.com/watch?v=d0nERTFo-Sk

    Part 2

    https://www.youtube.com/watch?v=GTQnarzmTOc

    • +1

      They talk about Keynes but follow Hayek (Thatcherism, Reaganism, Ozonomics, Individualism).
      "The Hayek thing is almost entirely about politics rather than economics",Paul Krugman.
      We know how politics understands Economy, NBN, Social currency/progress

      Keynes called Hayek's book, Prices and Production, "one of the most frightful muddles I have ever read,” famously adding, "It is an extraordinary example of how, starting with a mistake, a remorseless logician can end in Bedlam.

      Ozbargain is about Social exchange, not Individualism.

      • +3

        Can you say that using rhyme cos otherwise I dun unnerstand it….

        :P

  • Great find - thanks. I'm a student of economics and love him or hate him, Keynes was a titan of economics in the 20th century. His theories were key in helping the global economy avoid meltdown after the GFC of 2008.

    • +4

      *delay meltdown

      It's still coming.

      • +2

        We're all doooooooomed!

        Doooooooomed I tell ye!

    • +3

      Yeah, endless money creation would lead to heaven on earth…
      the guys concepts are perfect for the one percent to steal from the rest with the constant unnatural inflation control by central bankers. Hitler throw all the US Briton style central banking away and it managed to be such a recovery economically within ten years he started World War Two…

      The world economy now held together with fiat money, it will break and unleash the biggest economic collapse in human history.

      • +2

        Godwin's law already so early in a thread ;)

        Nazi Germany before WW2, due to its ridiculous socialist (really - it ain't called National Socialism for nothing), isolationist, state interventionist and rearmament policies was under constant threat of bankruptcy and only avoided this by annexing and subjugating neighboring countries like Czechoslovakia and knicking all their money. The Nazis might have been great at building autobahns and Tiger tanks but they were hopeless at economics

  • Not a Keynesian , but a brilliant economist who shaped the modern world through his work and influence. I have this in hard cover.

  • +3

    Keynes was a key player in establishing the Bretton Woods system

    From what I recall, the outcome of the Bretton Woods conference was not to Keynes' liking. It was basically tailored to suit the economic ambitions of the United States. I just looked up the guy responsible, Harry Dexter White. The International Monetary Fund and the World Bank ended up just being another way for US interests to dominate other nations. For example, the huge debts racked up by some African nations, Puerto Rico, Argentina, etc.

    • Apparently He said something out of sarcasm about the IMF working like a bank and World Bank working like a fund.

  • Keynes had denounced the 1919 Treaty with Germany as over-harsh to the vanquished and impossible of execution. The sums demanded for reparations, he argued, were far in excess of what Germany could afford to set aside year by year; and even if by inhuman pressure on her people's standard of life she went some way towards doing so, it would be impracticable for her to transfer such large sums to the Allied countries across the obstacle of currency frontiers. Étienne Mantoux replies that under Hitler's pre-war rearmament policy Germany proved able year by year to set aside for war preparation sums actually greater than those which The Economic Consequences of the Peace had declared impossible; and was moreover able to do so, while maintaining the health and physical efficiency of her people at a notably high level.

    R.C.K.Ensor, Oxford, 1945

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