Profits of Peace ’The Political Economy of Anglo-German Appeasement’

This bold new interpretation of Anglo-German appeasement challenges existing accounts, both orthodox and revisionist, by focusing on the economic motivations behind appeasement rather than on the workings of foreign policy. This is the first major study to provide a thorough analysis of the domestic political and economic background to appeasement, and to explain fully the reasons behind the persistence of the appeasement lobby even beyond the outbreak of war.