
The Price of Peace
Money, Democracy, and the Life of John Maynard Keynes
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Narrado por:
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Robert Petkoff
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NEW YORK TIMES BESTSELLER • An “outstanding new intellectual biography of John Maynard Keynes [that moves] swiftly along currents of lucidity and wit” (The New York Times), illuminating the world of the influential economist and his transformative ideas
“A timely, lucid and compelling portrait of a man whose enduring relevance is always heightened when crisis strikes.”—The Wall Street Journal
WINNER: The Arthur Ross Book Award Gold Medal • The Hillman Prize for Book Journalism
FINALIST: The National Book Critics Circle Award • The Sabew Best in Business Book Award
NAMED ONE OF THE TEN BEST BOOKS OF THE YEAR BY PUBLISHERS WEEKLY AND ONE OF THE BEST BOOKS OF THE YEAR BY Jennifer Szalai, The New York Times • The Economist • Bloomberg • Mother Jones
At the dawn of World War I, a young academic named John Maynard Keynes hastily folded his long legs into the sidecar of his brother-in-law’s motorcycle for an odd, frantic journey that would change the course of history. Swept away from his placid home at Cambridge University by the currents of the conflict, Keynes found himself thrust into the halls of European treasuries to arrange emergency loans and packed off to America to negotiate the terms of economic combat. The terror and anxiety unleashed by the war would transform him from a comfortable obscurity into the most influential and controversial intellectual of his day—a man whose ideas still retain the power to shock in our own time.
Keynes was not only an economist but the preeminent anti-authoritarian thinker of the twentieth century, one who devoted his life to the belief that art and ideas could conquer war and deprivation. As a moral philosopher, political theorist, and statesman, Keynes led an extraordinary life that took him from intimate turn-of-the-century parties in London’s riotous Bloomsbury art scene to the fevered negotiations in Paris that shaped the Treaty of Versailles, from stock market crashes on two continents to diplomatic breakthroughs in the mountains of New Hampshire to wartime ballet openings at London’s extravagant Covent Garden.
Along the way, Keynes reinvented Enlightenment liberalism to meet the harrowing crises of the twentieth century. In the United States, his ideas became the foundation of a burgeoning economics profession, but they also became a flash point in the broader political struggle of the Cold War, as Keynesian acolytes faced off against conservatives in an intellectual battle for the future of the country—and the world. Though many Keynesian ideas survived the struggle, much of the project to which he devoted his life was lost.
In this riveting biography, veteran journalist Zachary D. Carter unearths the lost legacy of one of history’s most fascinating minds. The Price of Peace revives a forgotten set of ideas about democracy, money, and the good life with transformative implications for today’s debates over inequality and the power politics that shape the global order.
LONGLISTED FOR THE CUNDILL HISTORY PRIZE
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Reseñas de la Crítica
“Zachary D. Carter has given us an important, resonant, and memorable portrait of one of the chief architects of the world we’ve known, and know still. As Richard Nixon observed, we’re all Keynesians now—even if we don’t realize it. Carter’s powerful book will surely fix that.”—Jon Meacham, Pulitzer Prize–winning author of The Hope of Glory
“A brilliantly wrought, beautifully written life of one of the most captivating intellects of the twentieth century.”—Liaquat Ahamed, author of Lords of Finance
“The Price of Peace is a towering achievement. Carter blends a nuanced and sophisticated financial history of the twentieth century with the intimate personal drama and political upheaval of an epic novel. . . . A masterful biography of a unique and complex social thinker.”—Stephanie Kelton, author of The Deficit Myth
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- De Brendan Clune en 02-27-19
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Economic Consequences of the Peace
- De: John Maynard Keynes
- Narrado por: Robert Bethune
- Duración: 7 h y 58 m
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John Maynard Keynes died in 1946, but his name is still prominent in economics and politics worldwide. Although his contributions to economic theory established and maintain his fame, he also - particularly at the time in his life when he wrote the present book, Economic Consequences of the Peace - showed a flair for practical political work. At the end of World War I he was appointed as the British Treasury's representative to the Versailles Peace Conference. His experiences at the Conference formed the basis of this book.
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Audio Books should be the completion of mediums
- De Evan A. Dunn en 03-17-18
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Arguing with Zombies
- Economics, Politics, and the Fight for a Better Future
- De: Paul Krugman
- Narrado por: Rob Shapiro, Paul Krugman
- Duración: 12 h y 15 m
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There is no better guide than Paul Krugman to basic economics, the ideas that animate much of our public policy. Likewise, there is no stronger foe of zombie economics, the misunderstandings that just won’t die. In Arguing with Zombies, Krugman tackles many of these misunderstandings, taking stock of where the United States has come from and where it’s headed in a series of concise, digestible chapters. Drawn mainly from his popular New York Times column, they cover a wide range of issues, organized thematically and framed in the context of a wider debate.
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One of the most decisive and partisan books I’ve read
- De Bob en 03-11-20
De: Paul Krugman
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Goliath
- The 100-Year War Between Monopoly Power and Democracy
- De: Matt Stoller
- Narrado por: Jonathan Davis
- Duración: 20 h y 17 m
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A startling look at how concentrated financial power and consumerism transformed American politics, resulting in the emergence of populism and authoritarianism, the fall of the Democratic Party - while also providing the steps needed to create a new democracy.
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The Fall of American Populist Economics
- De Charlie Morton en 02-26-20
De: Matt Stoller
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The Economic Consequences of the Peace
- De: John Maynard Kaynes
- Narrado por: Sal Stevens
- Duración: 6 h y 23 m
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The Economic Consequences of the Peace (1919) is a book written by the British economist John Maynard Keynes. After the First World War, Keynes attended the Paris Peace Conference of 1919 as a delegate of the British Treasury. In this book, he argued for a more generous peace, not out of a desire for justice or fairness - but for the sake of the economic well-being of all of Europe, including the Allied Powers, which the Treaty of Versailles would prevent.
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If you have any interest in the 20th century, read this book!
- De Paul en 11-02-22
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The Big Print
- What Happened to America and How Sound Money Will Fix It
- De: Lawrence Lepard
- Narrado por: Walker America
- Duración: 12 h y 45 m
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Most Americans — and people worldwide — understand that despite our remarkable technological advances, something is deeply wrong with the direction of our country and world. There are a variety of causes but Mr. Lepard believes, and wrote this book because, too many are missing the one, principal underlying cause: The Money Is Broken.
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Asymmetrical Investing
- De Matthew Shade en 04-17-25
De: Lawrence Lepard
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Capitalism in America
- A History
- De: Alan Greenspan, Adrian Wooldridge
- Narrado por: Ray Porter
- Duración: 16 h y 14 m
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From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen.
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Explains a lot
- De Scott en 02-18-19
De: Alan Greenspan, y otros
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Slouching Towards Utopia
- An Economic History of the Twentieth Century
- De: J. Bradford DeLong
- Narrado por: Allan Aquino
- Duración: 20 h y 13 m
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Before 1870, humanity lived in dire poverty, with a slow crawl of invention offset by a growing population. Then came a great shift: invention sprinted forward, doubling our technological capabilities each generation and utterly transforming the economy again and again. Our ancestors would have presumed we would have used such powers to build utopia. But it was not so. When 1870-2010 ended, the world instead saw global warming; economic depression, uncertainty, and inequality; and broad rejection of the status quo.
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A clear but sometimes one-sided economic history
- De Anon en 11-22-22
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The Mesopotamian Riddle
- An Archaeologist, a Soldier, a Clergyman and the Race to Decipher the World's Oldest Writing
- De: Joshua Hammer
- Narrado por: Matthew Lloyd Davies
- Duración: 10 h y 32 m
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From the ruins of Persepolis to lawless outposts of the crumbling Ottoman Empire, The Mesopotamian Riddle whisks you on a wild adventure through the golden age of archaeology in an epic quest to understand our past.
De: Joshua Hammer
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Chokepoints
- American Power in the Age of Economic Warfare
- De: Edward Fishman
- Narrado por: Robert Petkoff
- Duración: 17 h y 2 m
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It used to be that ravaging another country’s economy required blockading its ports and laying siege to its cities. Now all it takes is a statement posted online by the U.S. government. In Chokepoints, Edward Fishman, a former top State Department sanctions official, takes us deep into the back rooms of power to reveal the untold history of the last two decades of U.S. foreign policy, in which America renounced the gospel of globalization and waged a new kind of economic war.
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An economics textbook disguised as a thriller
- De Jesse Spevack en 03-26-25
De: Edward Fishman
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The Wages of Destruction
- The Making and Breaking of the Nazi Economy
- De: Adam Tooze
- Narrado por: Adam Tooze, Simon Vance
- Duración: 30 h y 19 m
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An extraordinary mythology has grown up around the Third Reich that hovers over political and moral debate even today. Adam Tooze's controversial book challenges the conventional economic interpretations of that period.
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Ties the story together in an amazing way
- De Philo en 08-23-21
De: Adam Tooze
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Waste Land
- A World in Permanent Crisis
- De: Robert D. Kaplan
- Narrado por: Robert Petkoff
- Duración: 6 h y 42 m
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We are entering a new era of global cataclysm in which the world faces a deadly mix of war, climate change, great power rivalry, rapid technological advancement, the end of both monarchy and empire, and countless other dangers. In Waste Land, Robert D. Kaplan, geopolitical expert and author of more than twenty books on world affairs, incisively explains how we got here and where we are going.
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Climate / Population Alarmism in a Mask
- De ElovesK en 02-07-25
De: Robert D. Kaplan
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The Wealth and Poverty of Nations
- Why Some Are So Rich and Some So Poor
- De: David S. Landes
- Narrado por: Walter Dixon
- Duración: 21 h y 47 m
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The Wealth and Poverty of Nations is David S. Landes' acclaimed, best-selling exploration of one of the most contentious and hotly debated questions of our time: Why do some nations achieve economic success while others remain mired in poverty? The answer, as Landes definitively illustrates, is a complex interplay of cultural mores and historical circumstance.
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A detailed explanation
- De Kaarlis en 12-07-21
De: David S. Landes
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The Swerve
- How the World Became Modern
- De: Stephen Greenblatt
- Narrado por: Edoardo Ballerini
- Duración: 9 h y 41 m
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Nearly six hundred years ago, a short, genial, cannily alert man in his late 30s took a very old manuscript off a library shelf, saw with excitement what he had discovered, and ordered that it be copied. That book was the last surviving manuscript of an ancient Roman philosophical epic by Lucretius—a beautiful poem containing the most dangerous ideas: that the universe functioned without the aid of gods, that religious fear was damaging to human life, and that matter was made up of very small particles.
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Very compelling history, a less compelling thesis
- De A reader en 05-01-12
Lo que los oyentes dicen sobre The Price of Peace
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- sbrennan97
- 11-02-20
Phenomenal
One of the better boos that inhale listened to. Genuinely entertaining while also presenting Keynes’s life in an informative manner.
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- marwalk
- 12-16-20
Provides practical meaning for us today
In this book, Zachary D. Carter decodes the academic, political, and ideological conflicts that John Maynard Keynes lived through, contributed to, and participated in—and provides practical meaning for us today over 70 years after the end of Keynes' life. The author describes in documented detail how the straightforward logic of Keynes was never fully implemented (hint: a remarkably large amount of money, influence, and corruption conspired to keep neoliberal fallacies embedded in mainstream assumptions). Carter presents Keynesianism as focused on helping people to have better lives through the practical actions of governments and businesses—in this, practicality overrules ideology.
Also covered are the intimate details of Keynes' private life. Although he eventually married a woman, Keynes was gay (as openly as was practical in early 20th Century UK). Al tough he was concerned about the political oppression he saw in the Soviet Union when he visited there with his Russian wife, Keynes also had several Marxist friends. The Marxist connection to Keynes was leveraged by right wing groups in the United States in the 1940s and 1950s to scare away support of Keynesianism for reasons that had very little to do with Keynes himself or his theories—a typical line of propaganda that continues to be repeated in the US and elsewhere today.
In the period between the two world wars of the 20th Century, Keynes tried to convince world leaders to apply reason in how they treated defeated Germany. We know from history that they weren't reasonable with Germany, and the world paid a horrible price as a result. There are parallels to this today, as the same economic influences that led to fascism in the 1930s are very much at play in our own time. I'm convinced that taking Keynes seriously is an essential tool in preventing future disaster for ourselves.
In the second half of the book, Carter covers the approaches to Keynesianism in the US and elsewhere after Keynes' death. Both Democratic and Republican administrations are effectively skewered in this book for falling prey to neoliberalism, often due to well financed and coordinated influences. The context presents the policies actually implemented in contrast to what would have been had they adopted policies based on Keynes. The details presented provide a revealing sense of the personal interactions involved, and how they worked against the public interest.
Although Carter doesn't predict a return to Keynesianism in the near future, the book provides a context for more effective advocacy of people-oriented economic programs. There is much material to draw upon for encouraging governments at all levels to engage in public works and infrastructure projects. By illustrating where the resistance comes from and how it has been executed, Carter provides material from which one may better craft a persuasive campaign for Keynesian solutions. That by itself makes this book worth the read.
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- Terry623
- 04-05-22
Immersive and addictive
A fantastic history of modern economic history wrapped up in an emotionally affecting biography. Resonant scholarship and storytelling
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- Patrick M.
- 04-20-23
good
Here are 15 words to share the stars to say this recording was quite good.
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- Bruce D. Black
- 09-29-20
Great history wrapped around biography
Carter does a masterful job of bringing the larger than life character of John Maynard Keyes to the page. This is cultural, intellectual and economic history at its best. Cast aside any view of economics as the dismal science and meet a Renaissance man of the 20th century.
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- D. Keith
- 07-31-20
Highly Relevant For A Season of Political and Economic Catastrophe
As a retired history teacher and a lifelong student of economic history, I thought I already knew a fair amount about John Maynard Keynes, but this superb biography greatly deepened my understanding of him as a person, a philosopher and, of course an economic thinker. With a wonderful performance by Robert Petkoff, this book for me was the audio version of a “page-turner.” As I write this in late July of 2020, Congress appears deadlocked over the roll that government spending can and should play to avert an economic collapse and it feels like we are in the midst of a tectonic historical shift. This history from 1914 through 1946 couldn’t be more relevant. The last section of the book explores what happened with Keynesianism, mostly in the US, after he died which moves it past being a biography into Intellectual/political history.
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- Peter Hildebrandt
- 04-24-22
Thorough and always interesting
There’s a lot here to digest and let soak in. But I am glad I stuck with this book. I feel I now know who Keynes was and why his life’s work is as important today as it ever was. I love the last words of the book, which I think was a direct quote from Keynes, something to the effect that yes, “in the end we are all dead. But looking ahead to the future, anything is still possible.” This gave me hope in the face of today’s threats to democracy and the fate of life on this planet.
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- CMcA
- 12-28-22
Must hear
So good I listen to it twice. This is why subscription to Audible is worthwhile.
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- Brian Ginnane
- 08-27-20
Great read for our times
In light of all that is uncertain I thought it would be useful to brush up on the history of economics during the last world pandemic. This book provided that as well as a great profile that crosses the political spectrum to figure out economic policy in all matters of worldly concern.
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- Luddite Redux
- 02-06-23
Fusing Keynes to our modern world
After Skidelsky’s magnificent biography what else could a writer of Keynes’s life have to say? Yet Carter pulls it off by showing us how Keynesianism has fared since the great man’s death and it is a story of triumph followed by cynicism and betrayal.
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