The General Theory of Employment, Interest and Money -
John Maynard Keynes
1936 - Macmillan and Co., London - First Edition, First Printing
First edition of one of the most influential economic treatises of the 20th century rare with the scarce dust jacket in this superior condition, together with a laid in signature ‘Sincerely yours, JM Keynes’.
‘The General Theory is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel.’ - Paul Krugman, Professor of Economics, winner of the 2008 Nobel Prize in Economics. The work ‘on which his fame as the outstanding economist of his generation must rest’ - Printing and the Mind of Man.
‘The chief of his [Keynes'] major theoretical works... a new and radical analysis of economic instability’ (ODNB). In the midst of a world-wide economic slump, Keynes laid out a program of governmental intervention in national and international economies to control the vagaries of markets, first in ‘A Treatise on Money’ in 1930, followed by ‘The General Theory’ in 1936, the work "on which his fame as the outstanding economist of his generation must rest (ODNB).
While Roosevelt's "New Deal" policies sought to implement many of Keynes' prescriptions, his ‘General Theory’ was far from uncontroversial: it ‘threw the economists of the world into two violently opposed camps. Yet eight years later Keynes was to dominate the international conference at Bretton Woods, out of which came the International Monetary Fund and the World Bank; and his influence during the ensuing decades, even on his theoretical opponents, has been such that a highly placed American official recently remarked that 'we are all Keynesians today'’ (PMM). Keynes reshaped the thrust of economic theory and policy alike, and his General Theory remains the most fully developed explication of the new Keynesian macroeconomic paradigm.
Provenance: From the library of economist and judge the Hon. Stanley C. Wisniewski Ph.D. (Econ.), J.D., and also with the name of ‘Eric Phillips’ to the front free endpaper, both in pencil.
References: Printing and the Mind of Man [PMM], 423. Oxford Dictionary of National Biography [ODNB]. DNB. New Palgrave Dictionary of Economics III, 39.
Octavo (book size 22.2X14.6cm), pp. [3] [1 (publisher’s advertisement)] xii 403 [1]. In publisher’s blue-green cloth, lettered and ruled in gilt to spine, ruled in blind to boards. Dust jacket priced ‘5/- NET’ to lower corner of front flap. Condition: Slight wear to spine ends and corners, else fine, in near fine dust jacket, spine lightly and uniformly toned. Ref: 111929 Price: HK$ 120,000
‘The General Theory is nothing less than an epic journey out of intellectual darkness. That, as much as its continuing relevance to economic policy, is what makes it a book for the ages. Read it, and marvel.’ - Paul Krugman, Professor of Economics, winner of the 2008 Nobel Prize in Economics. The work ‘on which his fame as the outstanding economist of his generation must rest’ - Printing and the Mind of Man.
‘The chief of his [Keynes'] major theoretical works... a new and radical analysis of economic instability’ (ODNB). In the midst of a world-wide economic slump, Keynes laid out a program of governmental intervention in national and international economies to control the vagaries of markets, first in ‘A Treatise on Money’ in 1930, followed by ‘The General Theory’ in 1936, the work "on which his fame as the outstanding economist of his generation must rest (ODNB).
While Roosevelt's "New Deal" policies sought to implement many of Keynes' prescriptions, his ‘General Theory’ was far from uncontroversial: it ‘threw the economists of the world into two violently opposed camps. Yet eight years later Keynes was to dominate the international conference at Bretton Woods, out of which came the International Monetary Fund and the World Bank; and his influence during the ensuing decades, even on his theoretical opponents, has been such that a highly placed American official recently remarked that 'we are all Keynesians today'’ (PMM). Keynes reshaped the thrust of economic theory and policy alike, and his General Theory remains the most fully developed explication of the new Keynesian macroeconomic paradigm.
Provenance: From the library of economist and judge the Hon. Stanley C. Wisniewski Ph.D. (Econ.), J.D., and also with the name of ‘Eric Phillips’ to the front free endpaper, both in pencil.
References: Printing and the Mind of Man [PMM], 423. Oxford Dictionary of National Biography [ODNB]. DNB. New Palgrave Dictionary of Economics III, 39.
Octavo (book size 22.2X14.6cm), pp. [3] [1 (publisher’s advertisement)] xii 403 [1]. In publisher’s blue-green cloth, lettered and ruled in gilt to spine, ruled in blind to boards. Dust jacket priced ‘5/- NET’ to lower corner of front flap. Condition: Slight wear to spine ends and corners, else fine, in near fine dust jacket, spine lightly and uniformly toned. Ref: 111929 Price: HK$ 120,000