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The fight of a 'citizen economist' for peace and prosperity

Author

Listed:
  • Renaud Bellais

    (ENSTA Bretagne_SHS - Département Sciences Humaines et Sociales ENSTA Bretagne - ENSTA Bretagne - École Nationale Supérieure de Techniques Avancées Bretagne)

  • Fanny Coulomb

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble)

Abstract

John Maynard Keynes was a citizen economist, anxious to defend a capitalist system threatened by the rise of totalitarianism during the inter‐war period. His criticism of the Versailles treaty in 1919 was supported by the idea of a link between economic prosperity and international peace. During the crisis of the 1930s, he advocated using the League of Nations for a peaceful settlement of international conflicts; while being in favour of economic interventionism, he criticised mercantilist policies. He recognised that military expenditure may be used as a reflationary policy, but after 1945 his theory was misused to promote the development of a ‘defence‐based' economic policy.

Suggested Citation

  • Renaud Bellais & Fanny Coulomb, 2008. "The fight of a 'citizen economist' for peace and prosperity," Post-Print hal-01044927, HAL.
    • Handle: RePEc:hal:journl:hal-01044927
    DOI: 10.1080/10242690802354352
    as

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    Citations

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    Cited by:

    1. Kimbambu Tsasa Vangu, Jean - Paul, 2012. "Analyse de la Relation Guerres Civiles et Croissance Économique [Civil Wars and Economic Growth in DRC]," MPRA Paper 42424, University Library of Munich, Germany, revised 05 Feb 2012.
    2. Fanny Coulomb & Jacques Fontanel, 2012. "War and Capitalism," Post-Print hal-02043794, HAL.
    3. Fanny Coulomb & Jacques Fontanel, 2011. "Guerre et capitalisme," Working Papers hal-02185228, HAL.

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