Evidence receipt / evaluation
Published · transcript-backedAdam Tooze: evaluation
6 May 2020 Conversations with Tyler Adam Tooze on our Financial Past and Future
“I think his political writings in Essays in Persuasion are brilliant. But I regard The Economic Consequences of the Peace as disastrous because, essentially, it enhanced and gave arguments to the German nationalists who —”
Source trail
Everything needed to verify it.
- Speaker
- Adam Tooze
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 6 May 2020
- Publisher
- Conversations with Tyler
Transcript context
…I’ll just tell our listeners we’re having this chat on April 16th, but let’s go back in time. Was Keynes right about the Treaty of Versailles? Was it as bad as Keynes said? No. I’m a confirmed liberal Keynesian in my broad politics, and my understanding of politics and the way expertise ought to relate to it, and the operations of modern democracy. I think his political writings in Essays in Persuasion are brilliant. But I regard The Economic Consequences of the Peace as disastrous because, essentially, it enhanced and gave arguments to the German nationalists who — But that doesn’t mean Keynes was wrong, right? It may have had that effect, but he’s writing at a time where the wealth-to-income ratio is especially low, so a given measure of debt burden is much worse for an economy than what we might be used to.…
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