African American Reparations, Keynes, and the Transfer Problem

William Darity

Chapter Chapter 11 in Keynes for the Twenty-First Century, 2008, pp 199-205 from Palgrave Macmillan

Abstract: Abstract The Economic Consequences of the Peace (1919) was Keynes’s unsuccessful (long) essay in persuasion to convince the Allies not to impose what he perceived as an excessive reparations burden on Germany after World War I. In (long) hindsight, one can wonder if Keynes was inordinately prescient. Did he glimpse that the burden of postwar reparations would put Germany on the road to national socialism and a mission of global conquest that would lead to World War II?

Keywords: Transfer Problem; Black Economy; Marginal Propensity; Black Labor; Black Capital (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-61113-9_12

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DOI: 10.1057/9780230611139_12

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