Keynes resigned from the British delegation at Versailles and wrote this in a fury. It argues that the reparations imposed on Germany were beyond any capacity to pay, that the treaty ignored the economic interdependence of Europe, and that the result would be impoverishment and worse. The portraits of Wilson, Clemenceau and Lloyd George are merciless.
The book that made Keynes famous, and turned out to be right. Download the free EPUB.