A Bretton-Woods-style settlement and a Marshall-Plan-equivalent after WWI might have averted the Great Depression and possibly WWII, but while economically plausible on Keynes's own terms, its political plausibility was nil because there were too many dead Frenchmen and Englishmen to generate sympathy for aiding Germany.

forecastpending

Speaker

Eric Rauchway

Evidence Quote

the political plausibility of it is nil

Source

Eric Rauchway on the Great Depression and the New Deal 12/01/2008EconTalk
Created: 6/17/2026, 10:09:28 AM

My Notes

Loading notes...