'Economic Consequences of the Peace' was published in which of the following year?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → 1919
John Maynard Keynes took part in the diplomacy that followed the First World War, and he expected the peace agreement to break down. He set out that warning in The Economic Consequences of the Peace, published in 1919, the year after the war ended. His later book, The General Theory (1936), gave rise to macroeconomics as a separate branch of economics.
Note: A same/similar question was asked in CUET (UG) in the papers below.
| 2026 | 2025 | 2024 | 2023 | 2022 |
| 13-05 S2 | 29-05 S2* | – | – | – |
* A similar question.
NCERT (2025-26): “John Maynard Keynes … Apart from being a sharp intellectual he actively involved in international diplomacy during the years following the First World War. He prophesied the break down of the peace agreement of the War in the book The Economic Consequences of the Peace (1919). His book General Theory of Employment, Interest and Money (1936) is regarded as one of the most influential economics books of the twentieth century. He was also a shrewd foreign currency speculator.” |