THE POLITICAL ECONOMY OF JOHN MAYNARD KEYNES: FROM VERSAILLES TO GREAT DEPRESSION

Abstract

This paper analyses, over the historical period that begins in the immediate post-First World War and ends after the outbreak of the Great Depression, the posture of Keynes, in regard to their considerations about economics, always made with intent to cause any impact in the political sphere. Thus, begins with the Treaty of Versailles, passing by the discussion over the return to the gold standard, and finishes approaching the Great Depression, period identified with the usual interpretation of Keynes as the author of The General Theory, namely, theorist of the economics of depression.