Chapter 2 Paradox of Globalization
What an extraordinary episode in the economic progress of man that age was which came to an end in August 1914! … The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, in such quantity as he might see fit, and reasonably expect their early delivery upon his doorstep; he could at the same moment and by the same means adventure his wealth in the natural resources and new enterprises of any quarter of the world …
John Maynard Keynes, The Economic Consequences of the Peace (London: Macmillan & Co., Ltd., 1919) p. 6
This is how John Maynard Keynes (1883–1946), the renowned economist and man of quite a range of ...
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