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"The outstanding economist of his generation"

KEYNES, JOHN MAYNARD. General Theory of Employment, Interest and Money

London, 1936

Original cloth and dust jacket. Very good.

FIRST EDITION of this classic of modern economics, “on which his fame as the outstanding economist of his generation must rest” (DNB). World-wide depression induced Keynes to re-examine classical approaches to economics. Urging the use of a national budget as a principal instrument of the planning of the national economy, Keynes placed responsibility for regulation of the economy squarely in the hands of the government. John Maynard Keynes was one of the great intellectual innovators of the first half of our century, and certainly its greatest political economist” (New Palgrave). Printing and the Mind of Man 423.