The Economic Consequences of the Peace (book)

“The Economic Consequences of the Peace,” written by John Maynard Keynes in 1919, critiques the Treaty of Versailles after World War I. Keynes argues that the harsh reparations and economic penalties imposed on Germany would harm Europe's recovery and stability. He warns that these measures could lead to economic hardship, resentment, and future conflict. The book emphasizes how political decisions must consider economic consequences, highlighting that sustainable peace depends on fair, balanced policies that support economic recovery for affected nations.