The Economic Consequences of the Peace

In "The Economic Consequences of the Peace," John Maynard Keynes meticulously analyzes the economic ramifications of the Treaty of Versailles following World War I. Written in a poignant and incisive prose style, Keynes critiques the punitive reparations imposed on Germany, arguing that such terms would engender economic despair and political instability in Europe. He employs a blend of empirical ...