
“In the 1930s, internationalists in the U.S. Treasury Department were determined to resolve the flaws in the international economic system once and for all. In the words of Harry Dexter White, a then little-known Treasury official who became the unlikely architect of the Bretton Woods system, it was time to build a ‘New Deal for a new world.’ Working with his British counterpart, the revolutionary economist John Maynard Keynes, White set out to create the economic foundations for a durable postwar global peace. Despite having never held any official title of importance, White had by 1944 achieved implausibly broad influence over U.S. foreign and economic policy.”
http://www.foreignaffairs.com/articles/138847/benn-steil/red-white?page=show
Related posts:
Will Grigg: "Damned from Memory": When the Drug War Turns on its Own
The Enforcement Caste's War on Women
How the Taxman Cleared the Dance Floor
“Hurry Up and Die”: The Inescapable Outcome of Socialized Medicine
Your Right to Use Encryption
War in Washington: Two Shocking Forecasts
Here’s an Escape Route from America’s Decline …
Law professor: Should 3rd Amendment prevent government spying?
CIA created 9/11 blowback, American citizens paid
Obamacare will hurt young people most
Voters Interviewed at Gun Point, Realize the Shocking Facts of Their Political Views
Stefan Molyneux: Finding Your Tribe
Chris Becker on South Africa, Gold and the Ludwig von Mises Institute
Bill Bonner: Zombie Nation
Bill Bonner: To the Class of 2015, Part 2