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March 28, 2017 | Economy | By admin | 0 Comments

By R. Leeson

This quantity examines the original insights supplied through archival facts in American economics.

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Moreover it set out the sort of post-war economic order the United States had to fight for. In EFG analysis and recommendations, short-term and long-term objectives were strictly related. American foreign policy had to be oriented to the attainment of a new world order consistent with its liberal-democratic creed and designed to serve its national economic interest. The Grand Area project seemed to satisfy both of these requirements. 18 The EFG itself took the initiative. 19 After the Great Depression, laissez-faire and free trade had lost their shine and a novel economic program was needed to be championed against the Nazis’ ‘new order’.

This chapter considers those events from the peculiar perspective provided by a set of contemporary sources: thanks to the documents preserved in the Council on Foreign Relations Archive,1 we will look at the shaping of the post-war economic order through the eyes of two outstanding American economists: Jacob Viner (1892–1970) and Alvin H. Hansen (1887–1975). Actually Viner and Hansen were not only witnesses of those events: they were engaged with the preparation of the Bretton Woods agreements and, more generally, with the shaping of the American strategy in the design of a new economic order after the Second World War.

1973, The Reconstruction of the International Monetary System: the Attempts of 1922 and 1933, Princeton Studies in International Finance No. 33. Princeton, New Jersey: International Finance Section, Princeton University Department of Economics. Craig, Bruce, 2004, Treasonable Doubt: the Harry Dexter White Spy Case, Lawrence, Kansas: University of Kansas Press. Drummond, Ian, 1981, The Floating Pound and the Sterling Area, 1931–1939, Cambridge: Cambridge University Press. Harry Dexter White and the Design of the IMF 23 Flanders, M.

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