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 to avoid future conflicts. His arguments shaped public opinion, portraying the treaty as excessively punitive towards Germany, which influenced British support for appeasement. The book solidified Keynes' status as a prominent economist and informed his later contributions to the Bretton Woods system and the Marshall Plan, reflecting lessons learned from the treaty's consequences.