A FINE COPY IN JACKET. KEYNES, JOHN MAYNARD. 1883-1946. The General Theory of Employment, Intere...

A FINE COPY IN JACKET. KEYNES, JOHN MAYNARD. 1883-1946. The General Theory of Employment, Interest and Money. London: Macmillan, 1936. Publisher's blue cloth, spine lettered in gilt, publisher's grey dust jacket printed in blue. Provenance: Eric Phillips (pencil name to endpaper); Hon. Stanley C. Wisniewski ( pencil inscription). WITH: Clipped signature ('Sincerely yours, JM Keynes') laid-in, 50 x 85 mm. FINE, BRIGHT FIRST EDITION IN JACKET of one of the most influential economic treatises of the twentieth century, '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. PMM 423. For further information on this lot please visit Bonhams.com For further information about this lot please visit the lot listing