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The Keynes Plan and Bretton Woods debates: the early radical criticisms by Balogh, Schumacher and Kalecki
Cambridge Journal of Economics ( IF 2.0 ) Pub Date : 2021-05-12 , DOI: 10.1093/cje/beab018
Adrien Faudot 1
Affiliation  

The prestige of John Maynard Keynes, as well as the smart design of his plan, made the proposal for an International Clearing Union particularly worthy of interest when it was released. Economists with orthodox views on international adjustment criticised the plan, but less well known criticisms also came from within Keynesian circles. Several economists in J. M. Keynes’ professional milieu provided comments and asked for amendments to the draft plan in order to improve his scheme for the clearing union. This paper analyses the published responses of Ernst F. Schumacher, Thomas Balogh and Michal Kalecki to the Keynes Plan. These authors provide early, radical criticisms of his plan, targeting the sustainability and efficiency of the proposed international monetary reform.

中文翻译:

凯恩斯计划与布雷顿森林体系的辩论:巴洛格、舒马赫和卡莱茨基的早期激进批评

约翰梅纳德凯恩斯的声望,以及他计划的巧妙设计,使得国际清算联盟的提案在发布时特别值得关注。对国际调整持正统观点的经济学家批评了该计划,但鲜为人知的批评也来自凯恩斯主义圈子。JM Keynes 专业环境中的几位经济学家提出了意见,并要求对计划草案进行修改,以改进他的清算联盟计划。本文分析了 Ernst F. Schumacher、Thomas Balogh 和 Michal Kalecki 对凯恩斯计划的公开回应。这些作者对他的计划提出了早期、激进的批评,针对拟议的国际货币改革的可持续性和效率。
更新日期:2021-05-12
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