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“Unusual, unstable, complicated, unreliable and temporary” reinterpreting the ebb and flow of globalization

Abstract:

In 1919, John Maynard Keynes wrote his famous tract The Economic Consequences of the Peace. In that work, he anticipated the collapse of the first era of globalization that began in the mid-nineteenth century. He admonished the short-sighted assumption that these years of relative peace and prosperity for many was a permanent norm, interrupted only briefly by the Great War. The diplomatic failures, lapses in leadership, and promotion of narrow interests and vision outlined by Keynes underp...

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Publication status:
Published

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Publisher copy:
10.3386/w29114
Publication website:
https://www.nber.org/papers/w29114

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Institution:
University of Oxford
Division:
HUMS
Department:
History Faculty
Oxford college:
St Hilda's College
Role:
Author
ORCID:
0000-0003-4116-5883
Publisher:
National Bureau of Economic Research Publisher's website
Article number:
29114
Series:
NBER Working Paper
Place of publication:
Cambridge, MA, USA
Publication date:
2021-07-01
DOI:
ISSN:
0898-2937
Paper number:
29114
Language:
English
Keywords:
Pubs id:
1193730
Local pid:
pubs:1193730
Deposit date:
2021-11-04

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