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Keynes, Economics and War: A Liberal Dose of Realism


Author Info

  • Sean Turnell

    (Department of Economics, Macquarie University)


This paper examines Keynes's thoughts on the economic causes of war. Though an issue upon which the classical economists and their popularisers wrote much, the links between economics and war has become, beyond an unthinking acceptance of the pacific qualities of free trade, an issue largely ignored by economists. Keynes's thinking on the subject, however, was sustained, nuanced and, in its final manifestation, heavily influenced by the implications of his own revolutionary ideas in macroeconomics. By the end of his life Keynes had eschewed the simple liberalism of his youth, combining much that would later emerge within the 'realist school' of international relations with practical plans for a better world.

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File Function: First Version, 2002
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Bibliographic Info

Paper provided by Macquarie University, Department of Economics in its series Research Papers with number 0207.

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Length: 21 pages.
Date of creation: Sep 2002
Date of revision:
Handle: RePEc:mac:wpaper:0207

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Related research

Keywords: Keynes; economics and war; international relations; realism; liberalism;

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Cited by:
  1. Anna M. Carabelli & Mario A. Cedrini, 2010. "“Veiling The Controversies with Dubious Moral Attitudes”? Creditors and Debtors in Keynes’s Ethics of International Economic Relations," Working Papers 127, SEMEQ Department - Faculty of Economics - University of Eastern Piedmont.


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