New Uncertainties

Piero V. Mini

Chapter 4 in John Maynard Keynes, 1994, pp 72-83 from Palgrave Macmillan

Abstract: Abstract We noted earlier that in writing The Economic Consequences of the Peace Keynes ignored the influence of public opinion on the peacemakers. This was only due to tactical considerations since Keynes was certainly aware of the power of public opinion. The very beginning of The Economic Consequences calls attention to the new status of the labouring masses who, having discovered their political muscles, were no longer willing to forego so large a part of the national product for the benefit of the owning classes. And, of course, the section on the 1919 General Election in The Economic Consequences likewise indicates his recognition of the widening powers of democracy.

Keywords: Public Opinion; Foreign Policy; State Planning; Animal Spirit; Lead Trade Union (search for similar items in EconPapers)
Date: 1994
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DOI: 10.1007/978-1-349-23606-0_5

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