The Economic Consequences of the Peace

Focusing on the aftermath of World War I, John Maynard Keynes critiques the Versailles Treaty, advocating for a more lenient peace. His insights, drawn from his experience at the Versailles Conference, shaped public opinion against the treaty, labeling it a "Carthaginian peace." The book influenced American attitudes towards the League of Nations and contributed to British support for appeasement, while solidifying Keynes' status as a prominent economist. His ideas later informed the Bretton Woods system and the Marshall Plan post-World War II.