The Economic Consequences of Peace

The Economic Consequences of Peace

Introduction by Paul A. Volcker


Generally regarded as the most influential social science treatise of the 20th century, this work by legendary economist John Maynard Keynes is relevant reading even today for anyone who wants to understand international economics and foreign affairs. First published in 1919, The Economic Consequences of Peace created an intense and immediate controversy for its brazen criticism of world leaders and the Treaty of Versailles that ended World War I. Keynes argued that as a blueprint for peace, it was destined to create tension and conflict ahead...and history proved him right when world war broke out again within a generation. The popularity of this key work, and its place in history, helped cement Keynes’s status as one of the 20th century’s principal economists.

Paul A. Volcker

Paul A. Volcker was the Chairman of the Federal Reserve during the Carter and Reagan administrations, and is best known for ending America's stagflation crisis in the 1970s.

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