1. The Economic Essentials of a Lasting Peace.
- Author
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Ayres, Clarence E.
- Subjects
- *
PEACE , *INTERNATIONAL trade , *WAR , *ECONOMISTS , *MONETARY policy , *RAW materials - Abstract
The article reports on the economic essentials of the idea of lasting peace. In these days many people regard the idea of a lasting peace with cynicism. History reveals that armed conflict between organized communities has been endemic throughout all civilization. This way of thinking contains an important truth that one must therefore face, but it also contains an even greater falsehood. Men have fought throughout the ages, but not always for the same reasons. In a changing world dynasties have assumed somewhat less importance than formerly. Among economists there has been a great deal of discussion in recent years of that system of relations which is known as international trade. It is generally agreed that something needs to be done about tariffs and subsidies and dumping, about monetary standards and exchange rates, about migrations of capital and population, about colonies and raw material supplies. Many proposals have been made along these lines that are wholly admirable so far as they go.
- Published
- 1943