The Economic Consequences of the Peace

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Focusing on the economic implications of post-World War I treaties, John Maynard Keynes advocates for a more lenient peace settlement. He contends that a harsh approach would undermine the economic stability of Europe, including the Allied Powers. Rather than emphasizing justice or fairness, Keynes prioritizes the financial health of the continent, warning that the terms of the Treaty of Versailles could lead to detrimental consequences for all involved.