Harry Dexter White


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Harry Dexter White

An American economist who served in a senior capacity at the Treasury Department. Following World War II, he was instrumental in the creation of the Bretton Woods System and the International Monetary Fund. He was a noted Keynesian who favored U.S. President Franklin Roosevelt's New Deal. He was later revealed to be a spy for the Soviet Union.
References in periodicals archive ?
Few people know that the US delegation led by Harry Dexter White muscled out competing ideas for the new system that sought to assign checks on rich lending countries.
Formed in 1944 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.
Building on his impressive and important 2013 The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order, Benn Steil's new book adds an often intriguing voice to this scholarship.
Both these institutions were created at the same time at the end of the Second World War by two noteworthy economists, namely John Maynard Keynes and Harry Dexter White. Perhaps the intention of rebuil-ding destroyed economies was genuine and justified, but the philosophy of routing development through the private sector had inbuilt weaknesses.
Benn Steil is senior fellow and director of international economics at the Council on Foreign Relations, the author of The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order (2013), and the founder and editor of the journal International Finance.
Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.
But, to placate the British, Harry Dexter White, the U.S.
Wallace, and even card-carrying Communists like Alger Hiss and Harry Dexter White, held important positions.
Of course, there are some juicy incidentals, such as the dance of John Maynard Keynes's wife, a Russian ballerina, that kept the US Treasury Secretary awake, and charges of espionage for the Soviet Union against the main American negotiator, Harry Dexter White. But the real drama of the conference lay in the systematic evolution of an institutional structure that underpinned global stability and prosperity for at least three decades.
American Harry Dexter White and Englishman John Maynard Keynes "set out to create the economic foundations for a durable postwar global peace.'' This award-winning book covers an important, overlooked story.
Opposite Keynes at Bretton Woods was Harry Dexter White. White had joined the U.S.
Many books have exposed key people in the FDR Administration as Communist agents: Alger Hiss at State, Harry Dexter White at Treasury, and Lauchlin Currie in foreign affairs.