War Debts and World Prosperity is a book written by Harold Glenn Moulton, an American economist and educator. The book was first published in 1933 and discusses the economic consequences of World War I, particularly the issue of war debts owed by European nations to the United States.Moulton argues that the high war debts owed by European nations to the United States were a major obstacle to global economic recovery and prosperity. He suggests that the United States should forgive a significant portion of these debts in order to stimulate economic growth and stability in Europe.The book also examines the broader issue of international debt and its impact on global economic stability. Moulton argues that a new international monetary system is needed to address these issues and ensure long-term economic prosperity.War Debts and World Prosperity was written during the Great Depression, a time of significant economic hardship in the United States and around the world. The book was influential in shaping economic policy and debate during this period, and remains a significant work in the history of economics and international relations.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.