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War and Peace: Arthur C. Pigou as a Public Intellectual during World War I

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  • Arthmar, Rogério
  • McLure, Michael

Abstract

This study reflects on Arthur Cecil Pigou’s role in public debate during the initial phase of the First World War over whether Britain should negotiate a peace treaty with Germany. Its main goal is to provide evidence that the Cambridge Professor framed his approach to this highly controversial issue from theoretical propositions on trade, industrial peace and welfare which he had developed in previous works. After reviewing his contributions on these subjects, Pigou’s letter to The Nation, in early 1915, suggesting an open move by the Allies towards an honourable peace with Germany, is presented along with his more elaborate thoughts on this same theme put down in a private manuscript. The negative reactions to Pigou’s letter are then scrutinized, particularly the fierce editorial published by The Morning Post. A subsequent version of Pigou’s plea for peace, delivered in his London speech late in 1915, is detailed listing the essential conditions for a successful conclusion of the conflict. To come full circle, the paper recapitulates Pigou’s post-war considerations on diplomacy, free trade and colonialism. The concluding remarks bring together the theoretical and applied branches of Pigou’s thoughts on war and peace.

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  • Arthmar, Rogério & McLure, Michael, 2020. "War and Peace: Arthur C. Pigou as a Public Intellectual during World War I," OSF Preprints 84z7c, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:84z7c
    DOI: 10.31219/osf.io/84z7c
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    References listed on IDEAS

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    1. Keynes, John Maynard, 1919. "The Economic Consequences of the Peace," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number keynes1919.
    2. Pigou, A. C., 1904. "The Riddle of the Tarrif," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number pigou1904.
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