The Economic Munich: The I.T.O Charter, Inflation or Liberty, the 1929 Lesson

The Economic Munich: The I.T.O Charter, Inflation or Liberty, the 1929 Lesson

The Economic Munich: The I.T.O Charter, Inflation or Liberty, the 1929 Lesson

The Economic Munich: The I.T.O Charter, Inflation or Liberty, the 1929 Lesson

Excerpt

"But, soon or late, it is ideas, not vested interests, which are dangerous for good or evil." (Lord John Maynard Keynes)

"The human resource in greatest peril throughout much of the world today is the tradition and practice of freedom." (Paul Hoffman)

Powerful ideas and ideologies are fighting everywhere and incessantly for the conquest of the minds and souls of human beings. Unless the United States asserts its leadership in the realm of ideas, as it does in matters of power or economics, our western civilization is doomed. What we do, or fail to do, will affect immensely the shape of things to come.

If the spirit of the age and the moods of our time are correctly interpreted, most people want peace, security, a good job, more material wealth (often mistakenly confused with high money-income) and leisure.

Modern wars are due mainly to stupidity, nationalism, and dictators. If our earth is ever to know peace, (and it better learn how, if it is to avoid total destruction) it will be secured only by wise and far-sighted political and economic policies. From an economic point of view, which is the concern of this book, peace is best served by free international multilateral trade and, its indispensable tool, an international gold-

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.