The European Consequences of Germany’s Election
Nearly a century ago, in 1919, John Maynard Keynes analyzed the economic consequences of the peace following Germany’s defeat in World War I. To be sure, the consequences of Germany’s general election on September 22 will not be nearly as momentous; but the outcome will not be as inconsequential as most analysts currently claim.
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ISTANBUL – Nearly a century ago, in 1919, John Maynard Keynes analyzed the economic consequences of the peace following Germany’s defeat in World War I. To be sure, the consequences of Germany’s general election on September 22 will not be nearly as momentous. But the outcome will not be as inconsequential as most analysts currently claim.