The General Theory of Employment Interest and Money.London: Macmillan and Co, Limited, 1936 Stock Code: 142963
One of the defining books of the centuryFirst edition, first impression, of perhaps the most significant economics book of the 20th century.
The General Theory was written in the aftermath of the Great Depression, when the old economic order was widely seen to have failed. Keynes argued that government must intervene in the economy, directing wages, investment, and demand, in order to achieve full employment and end the boom and bust cycle. In so doing, a middle way was found between the laissez-faire policy of Classical Economics, as founded by Adam Smith in the 18th century, and the complete state control of socialist governments, derived from Marx's theories of the 19th century. Keynes's system of controlled capitalism defined much of the 20th century, as it was embraced by the political left and right alike across Western Europe and the United States. Keynes's theories became the near-undisputed economic orthodoxy of the decades following the war, until the counter-attack of the monetarist and neoliberal schools undermined his hegemony.
Octavo. Original blue cloth, spine lettered in gilt, double rules to spine gilt and to covers in blind.
Previous ownership signature, "G. B. Cusfield", in ink to front free endpaper, scattered pencilled marginalia. Binding tight and square, spine a touch faded, ends bruised and very lightly rubbed, some superficial marks to covers, contents bright. A very good copy.
Moggridge A10.1; Printing and the Mind of Man 423.
With the exception of framed items*, Peter Harrington offers free delivery on all UK orders of rare books, maps and prints placed through this website. Delivery to USA and the rest of the world is similarly free for orders over £200.
Established in 1969, Peter Harrington is one of the leading rare book firms in the world. It is a proud member of the Antiquarian Booksellers Association – along with ILAB, the PBFA and Lapada – and from shops in Mayfair and Chelsea, London, sells rare books, prints and ephemera to customers across the world.
Tel: +44 (0)20 7591 0220