Description
First edition, third printing of The General Theory of Employment, Interest and Money by John Maynard Keynes.
Octavo, xii, 403pp. Green cloth, title in gilt on spine. Stated “Reprinted April 1939” on copyright page. Solid text block, faint foxing to top edge and fore edge. Some transference to front endpapers from laid-in newspaper. Faint sunning to spine, lightly bumped edges. A nice example of the foundation of modern economic theory.
This work is the last book by influential British economist, John Maynard Keynes. It introduced many of the concepts that remain central to the study of macroeconomics, such as the impact of government spending, central bank monetary policy, and a general distrust of free-market economic decision-making. It was viewed as an attack on the “classic economic orthodoxy” of the 1930s. (PMM 423)