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The Economic Consequences Of The Peace
''The Economic Consequences of the Peace'' (1919) is a book written and published by the British economist John Maynard Keynes. After the First World War, Keynes attended the Paris Peace Conference of 1919 as a delegate of the British Treasury. At the conference as a representative of the British Treasury and deputy to the Chancellor of the Exchequer on the Supreme Economic Council, but became ill and on his return found that there was 'no hope' of an economically sustainable settlement, and so resigned. In this book, he presents his arguments for a much less onerous treaty for a wider readership, not just for the sake of German civilians but for the sake of the economic well-being of all of Europe and beyond, including the Allied Powers, which in his view the Treaty of Versailles and its associated treaties endangered. The book was a commercial success, and a central influence in creating the popular view that the treaties were a " Carthaginian peace" designed to crush t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the schools of economic thought, school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream economics, mainstream macroeconomics. He is known as the "father of macroeconomics". During the Great Depression of the 1930s, Keynes spearheaded Keynesian Revolution, a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HM Treasury
His Majesty's Treasury (HM Treasury or HMT), and informally referred to as the Treasury, is the Government of the United Kingdom’s economic and finance ministry. The Treasury is responsible for public spending, financial services policy, Tax system, taxation, Infrastructure, state infrastructure, and economic growth. It is led by the Chancellor of the Exchequer, chancellor of the exchequer, currently Rachel Reeves since 5 July 2024. The Treasury's main offices are located in London and Darlington, with additional offices in Edinburgh and Norwich. It is one of the smallest government departments in terms of staff numbers, but widely considered the most powerful. History The origins of the Treasury of England have been traced by some to an individual known as Henry the Treasurer, a servant to King William the Conqueror. This claim is based on an entry in the Domesday Book showing the individual Henry "the treasurer" as a landowner in Winchester, where the royal treasure was sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fourteen Points
The Fourteen Points was a statement of principles for peace that was to be used for peace negotiations in order to end World War I. The principles were outlined in a January 8, 1918 speech on war aims and peace terms to the United States Congress by President Woodrow Wilson. However, his main Allied colleagues ( Georges Clemenceau of France, David Lloyd George of the United Kingdom, and Vittorio Emanuele Orlando of Italy) were skeptical of the applicability of Wilsonian idealism. The United States had joined the Triple Entente in fighting the Central Powers on April 6, 1917. Its entry into the war had in part been due to Germany's resumption of submarine warfare against merchant ships trading with France and Britain and also the interception of the Zimmermann Telegram. However, Wilson wanted to avoid the United States' involvement in the long-standing European tensions between the great powers; if America was going to fight, he wanted to try to separate that participation in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georges Clemenceau
Georges Benjamin Clemenceau (28 September 1841 – 24 November 1929) was a French statesman who was Prime Minister of France from 1906 to 1909 and again from 1917 until 1920. A physician turned journalist, he played a central role in the politics of the French Third Republic, Third Republic, particularly amid the end of the First World War. He was a key figure of the Independent Radicals, advocating for the separation of church and state, as well as the amnesty of the Communards exiled to New Caledonia. After about 1,400,000 French soldiers were killed between the Schlieffen Plan, German invasion and Armistice of 11 November 1918, Armistice, he demanded a total victory over the German Empire. Clemenceau stood for reparations, a transfer of colonies, strict rules to prevent a rearming process, as well as the restitution of Alsace–Lorraine, which had been annexed to Germany in 1871. He achieved these goals through the Treaty of Versailles signed at the Paris Peace Conferen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States. It is one of 15 current U.S. government departments. The department oversees the Bureau of Engraving and Printing and the U.S. Mint, two federal agencies responsible for printing all paper currency and minting coins. The treasury executes currency circulation in the domestic fiscal system, collects all federal taxes through the Internal Revenue Service, manages U.S. government debt instruments, licenses and supervises banks and thrift institutions, and advises the legislative and executive branches on fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the Federal government of the United States#Executive branch, executive branch of the Federal government of the United States, federal government and is the Powers of the president of the United States#Commander-in-chief, commander-in-chief of the United States Armed Forces. The power of the presidency has grown since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasing role in American political life since the beginning of the 20th century, carrying over into the 21st century with some expansions during the presidencies of Presidency of Franklin D. Roosevelt, Franklin D. Roosevelt and Presidency of George W. Bush, George W. Bush. In modern times, the president is one of the world's most powerful political figures and the leader of the world's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woodrow Wilson
Thomas Woodrow Wilson (December 28, 1856February 3, 1924) was the 28th president of the United States, serving from 1913 to 1921. He was the only History of the Democratic Party (United States), Democrat to serve as president during the Progressive Era when Republicans dominated the presidency and United States Congress, legislative branches. As president, Wilson changed the nation's economic policies and led the United States into World War I. He was the leading architect of the League of Nations, and his stance on foreign policy came to be known as Wilsonianism. Born in Staunton, Virginia, Wilson early life of Woodrow Wilson, grew up in the Southern United States during the American Civil War and Reconstruction era. After earning a Doctor of Philosophy, Ph.D. in history and political science from Johns Hopkins University, Wilson taught at several colleges prior to being appointed president of Princeton University, where he emerged as a prominent spokesman for progressivism ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1921 London Schedule Of Payments
Following their defeat in World War I, the Central Powers agreed to pay war reparations to the Allied Powers. Each defeated power was required to make payments in either cash or kind. Because of the financial situation in Austria, Hungary, and Turkey after the war, few to no reparations were paid and the requirements for reparations were cancelled. Bulgaria, having paid only a fraction of what was required, saw its reparation figure reduced and then cancelled. Historians have recognized the German requirement to pay reparations as the "chief battleground of the post-war era" and "the focus of the power struggle between France and Germany over whether the Versailles Treaty was to be enforced or revised." The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required the Central Powers to pay 132 billion gold marks at the time which is US$605. billion in 2025) in reparations to cover civilian damage caused during the war. This figure was divided ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
War Debts
War reparations are compensation payments made after a war by one side to the other. They are intended to cover damage or injury inflicted during a war. War reparations can take the form of hard currency, precious metals, natural resources, industrial assets, or intellectual properties. Loss of territory in a peace settlement is usually considered to be distinct from war reparations. War reparations are often governed by treaties which belligerent parties negotiate as part of a peace settlement. Payment of reparations often occur as part of a condition to remove occupying troops or under the threat of re-occupation. The legal basis for war reparations in modern international law is Article 3 of the Hague Convention of 1907. Prominent examples of war reparations include Carthage's indemnity paid to Rome following the First Punic War, French reparations following the Napoleonic Wars, Haiti's reparations to France following the Haitian War of Independence (1791–1804), French ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I Reparations
Following their defeat in World War I, the Central Powers agreed to pay war reparations to the Allied Powers. Each defeated power was required to make payments in either cash or kind. Because of the financial situation in Austria, Hungary, and Turkey after the war, few to no reparations were paid and the requirements for reparations were cancelled. Bulgaria, having paid only a fraction of what was required, saw its reparation figure reduced and then cancelled. Historians have recognized the German requirement to pay reparations as the "chief battleground of the post-war era" and "the focus of the power struggle between France and Germany over whether the Versailles Treaty was to be enforced or revised." The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required the Central Powers to pay 132 billion gold marks at the time which is US$605. billion in 2025) in reparations to cover civilian damage caused during the war. This figure was divide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
