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Taking French participation in the Seven Years War as a case study, this book examines the effects of war on the economy and on government finance, finding that the economic toll has usually been exaggerated and the financial toll seriously underestimated. Originally published in 1987. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.
This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.
This book of essays is a collective treatment of the problem of the impact of war on economic development in Europe. This subject has been neglected despite the fact that the issues it raises are of direct concern to students of military history, the history of science and technology, the history of education, historical demography, as well as to students of political, social and economic history. The contributors to this volume have drawn on work done in all these fields. Taken together, this study provides the foundation for further comparative work on the effect of war and warfare on economic life. The contributors have approached the problem from two sides. The subject of a number of essays is the 'internal history' of armed conflict. These focus on war itself and discuss the mobilization of resources which precedes it and the ways that economic activity and policy are altered by it.