5 ms·
> Keynes was not merely wrong about the German ability to pay So the Germans were able to pay? I don't pretend to be a historian, yet I've never heard the idea
by chrispeel 6y ago
> Keynes was not merely wrong about the German ability to pay
So the Germans were able to pay? I don't pretend to be a historian, yet I've never heard the idea that Germany could pay.
BTW, the Odd Lots had a show [1] about the book recently
[1] https://www.bloomberg.com/news/audio/2020-07-12/studying-keynes-is-more-important-than-ever-podcast https://www.bloomberg.com/news/audio/2020-07-12/studying-key...
- QuesnayJr 6y agoKeynes' contention about the German ability to pay was and remains controversial: https://en.wikipedia.org/wiki/The_Economic_Consequences_of_the_Peace#Reception https://en.wikipedia.org/wiki/The_Economic_Consequences_of_t...
- nickik 6y agoThe standard story about Germany was actually massive spread and perpetuated by the Germans after WW1. Its often said that the victors write history, but in this case its actually contrarians in the winning nations and the losing nations that wrote history.