Econ 1: Fall 2010: U.C. Berkeley: September 29 Economic Growth Lecture
Paul Krugman and Robin Wells Are Really Unhappy with How Obama Has Played His Hand...

Why Oh Why Can't We Have a Better Press Corps? (New York Times Abuses History Edition)

Margaret MacMillan:

The War to End All Wars Is Finally Over: In truth, the reparations, as the name suggests, were not intended as a punishment. They were meant to repair the damage done, mainly to Belgium and France, by the German invasion and subsequent four years of fighting. They would also help the Allies pay off huge loans they had taken to finance the war, mainly from the United States. At the Paris peace talks of 1919, President Woodrow Wilson was very clear that there should be no punitive fines on the losers, only legitimate costs. The other major statesmen in Paris, Prime Ministers David Lloyd George of Britain and Georges Clemenceau of France, reluctantly agreed, and Germany equally reluctantly signed the treaty...

John Maynard Keynes's view of the same:

: The subtlest sophisters and most hypocritical draftsmen were set to work, and produced many ingenious exercises which might have deceived for more than an hour a cleverer man than the President.... Instead of giving Danzig to Poland, the Treaty establishes Danzig as a "Free" City, but includes this "Free" City within the Polish Customs frontier, entrusts to Poland the control of the river and railway system, and provides that:

the Polish Government shall undertake the conduct of the foreign relations of the Free City of Danzig as well as the diplomatic protection of citizens of that city when abroad....

Such instances could be multiplied. The honest and intelligible purpose of French policy, to limit the population of Germany and weaken her economic system, is clothed, for the President's sake, in the august language of freedom and international equality.

But perhaps the most decisive moment, in the disintegration of the President's moral position and the clouding of his mind, was when at last, to the dismay of his advisers, he allowed himself to be persuaded that the expenditure of the Allied Governments on pensions and separation allowances could be fairly regarded as:

damage done to the civilian population of the Allied and Associated Powers by German aggression by land, by sea, and from the air

in a sense in which the other expenses of the war could not be so regarded. It was a long theological struggle in which, after the rejection of many different arguments, the President finally capitulated before a masterpiece of the sophist's art....

[T]he President was set. His arms and legs had been spliced by the surgeons to a certain posture, and they must be broken again before they could be altered. To his horror, Mr. Lloyd George, desiring at the last moment all the moderation he dared, discovered that he could not in five days persuade the President of error in what it had taken five months to prove to him to be just and right. After all, it was harder to de-bamboozle this old Presbyterian than it had been to bamboozle him...

McMillan could honorably write--and the Times could honorably publish--a piece arguing that Keynes's belief that reparations were in large part punitive was wrong. She cannot honorably write--and it cannot honorably publish--a piece that denies that there is an issue here.

Why oh why can't we have a better press corps?

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