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Keynes, Economics and War: A Liberal Dose of Realism

Author

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  • Sean Turnell

    () (Department of Economics, Macquarie University)

Abstract

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.

Suggested Citation

  • Sean Turnell, 2002. "Keynes, Economics and War: A Liberal Dose of Realism," Research Papers 0207, Macquarie University, Department of Economics.
  • Handle: RePEc:mac:wpaper:0207
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    File URL: http://www.econ.mq.edu.au/research/2002/7-2002Turnell.PDF
    File Function: First Version, 2002
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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.

    More about this item

    Keywords

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

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-

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