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How Did Keynes Transform His Theory from the Tract into the Treatise?: Consideration Through Primary Material

In: Keynes as an Economist, World System Planner and Social Philosopher

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  • Toshiaki Hirai

    (Sophia University)

Abstract

The issue of reparations and war debts was one of the most serious problems facing the world in the interwar-period. The United States, concerned solely with war debts repayment, turned down not only the Allied proposal to link reparations and war debts, but also the British 1922 proposal to cancel the inter-Allied war debts. The return to the Gold Standard at pre-war parity in April 1925 may be seen as an aspect of Britain’s struggle to retain hegemony.

Suggested Citation

  • Toshiaki Hirai, 2024. "How Did Keynes Transform His Theory from the Tract into the Treatise?: Consideration Through Primary Material," Palgrave Studies in the History of Economic Thought, in: Keynes as an Economist, World System Planner and Social Philosopher, chapter 0, pages 5-31, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-031-40135-0_1
    DOI: 10.1007/978-3-031-40135-0_1
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