John Maynard Keynes The Economic Consequences Of The Peace Analysis

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With respect to John Maynard Keynes, and his book The Economic Consequences of the Peace, caused a global shift propelling a paradigm founded on the notion that public investing on a global spectrum would create beneficial trading relationships that could boost the global economies. In addition, that World War II reparations, would in the long-haul cripple Germany's economic recovery and thereby negatively impact other European nations. This ideology was furthered by Keynes' simple idea that governments should run deficits when the economy is slowing down, in order to keep people gainfully employed. Without the government intervention of "taking up the slack," private sectors will reduce their investments signaling a dangerous cycle of fewer

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