Keynes and the fiscal dividend of independence
- Published in Articles
In 1919 a brash young British economist attended the Paris Peace Conference representing the British Treasury. Frustrated with the terms agreed in the Treaty of Versailles —particularly with the enormous economic reparations that the Allied Powers demanded from the defeated side— he resigned and returned to Cambridge. In just two months, he wrote a book that had great international impact and was entitled "The Economic Consequences of the Peace". The legend that is John Maynard Keynes had be (+)
