John Maynard Keynes and the American Loan

At the end of the Second World War, the USA reshaped the world economy in its own interests. The acute economic problems facing great Britain due to the cost of the war were a matter of indifference to many US policy makers and large sections of the American public. When John Maynard Keynes, Britain's pre-eminent economist proposed that Britain seek a loan from the USA, tough negotiations followed which would have a profound effect on post war Britain's economy and society.



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