| ID | 084623 |
| Title Proper | Fight of a 'Citizen Economist' for peace and prosperity |
| Other Title Information | Keynes and the issues of international security |
| Language | ENG |
| Author | Bellais, Renaud ; Coulomb, Fanny |
| Publication | 2008. |
| Summary / Abstract (Note) | John Maynard Keynes was a citizen economist, anxious to defend a capitalist system threatened by the rise of totalitarianism during the inter-war period. His criticism of the Versailles treaty in 1919 was supported by the idea of a link between economic prosperity and international peace. During the crisis of the 1930s, he advocated using the League of Nations for a peaceful settlement of international conflicts; while being in favour of economic interventionism, he criticised mercantilist policies. He recognised that military expenditure may be used as a reflationary policy, but after 1945 his theory was misused to promote the development of a 'defence-based' economic policy. |
| `In' analytical Note | Defence and Peace Economics Vol. 19,No. 5;Oct 2008:p361 - 371 |
| Journal Source | Defence and Peace Economics Vol. 19,No. 5;Oct 2008:p361 - 371 |
| Key Words | Keynes ; Citizen economist ; League of Nations ; International security ; Peace and prosperity |