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Why Was Keynes Opposed to Reparations and a Carthaginian Peace?

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The Economic Consequences of the Peace was first published in 1919 and, since then, changed the economic discourse surrounding reparations and Carthaginian peace. This chapter specifies how three elements hinted at in the introduction of the Economic Consequences of the Peace – social classes, national sovereignty, and the international political system – can explain Keynes’ assessment of Carthaginian peace. The chapter analyses the optimality of reparations in the context of these three elements.

Original languageEnglish
Title of host publicationKeynes's Economic Consequences of the Peace after 100 Years
Subtitle of host publicationPolemics and Policy
PublisherCambridge University Press
Pages234-256
Number of pages23
ISBN (Electronic)9781009407540
ISBN (Print)9781009407519
DOIs
StatePublished - 1 Jan 2024

Bibliographical note

Publisher Copyright:
© Cambridge University Press & Assessment 2023.

Keywords

  • Balance of Power
  • Carthaginian Peace
  • Hegemony
  • National Sovereignty
  • Reparations

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