Economic Government of the World

An epic history of money, trade and development since 1933 In 1933, Keynes reflected on the crisis of the Great Depression that arose from individualistic capitalism: ''It is not intelligent, it is not beautiful, it is not just, it is not virtuous - and it doesn''t deliver the goods ... But when we wonder what to put in its place, we are extremely perplexed.'' We are now in a similar state of perplexity, wondering how to respond to the economic problems of the world. Martin Daunton examines the changing balance over ninety years between economic nationalism and globalization, explaining why one economic order breaks down and how another one is built, in a wide-ranging history of the institutions and individuals who have managed the global economy. In 1933, the World Monetary and Economic Conference brought together the nations of the world: it failed. Trade and currency warfare led to economic nationalism and a turn from globalization that culminated in