HOW TO PAY FOR THE WAR by John Maynard Keynes

HOW TO PAY FOR THE WAR

By
Email this review

KIRKUS REVIEW

The Economic Consequences of the Peace put Keynes on the map as foreteller, the Cassandra of his day. Now he has put forward a theory for financing the war and the days that will follow. He believes that by withdrawing part of everyone's earnings now, or withholding full payment, capital will be made available, England will be able to control prices, produce essentials, distribute the economic sacrifice over a large group, make available capital for rehabilitation after the war, and keep down the costs of the war. He believes in increasing taxes on the rich, and putting some of the burden on the lower income brackets for future use. Part of his policy has been accepted, but its basic principles have been rejected, for the moment at least.

Publisher: Harcourt, Brace