The General Theory of Employment, Interest and Money
KEYNES, John Maynard
Category: First Edition
London, Macmillan. 1936.
First edition; 8vo; original blue cloth and dust jacket. One of the most influential economic works of the Twentieth Century. Described as "the chief of his [Keynes'] major theoretical works... a new and radical analysis of economic instability" (ODNB). Keynes provided support for government spending in general, and for budgetary deficits, monetary intervention and counter-cyclical policies in particular. It is pervaded with an air of mistrust for the rationality of free-market decision making. A lesson which it would seem has yet to be learnt! A fine copy in a very good dust jacket, which is a little toned to the spine, with a couple of small water spots and slight loss to the foot.