Books

A first printing of the true first edition, published in 1936. A pristine copy and extremely rare thus. John Maynard Keynes' last major work, and the most influential economic treatise of the 20th century, in the scarce original dustwrapper, in near fine condition with no restoration. Near fine in navy blue cloth-covered boards with gilt titles and borders to the spine and blind borders extending to the front and back boards. The gilt is still beautifully bright, having been protected by the dustwrapper. The book is virtually perfect, with hardly any rubbing even to the head and tail of the spine or to the edges of the boards. The exterior of the book is in near fine condition. No bumping to the boards. Corners sharp. The dark-blue color is only slightly sun-faded on the spine. Internally, the book is also near fine - clean and unmarked. There is just a hint of creasing to the fore edge of the first few pages where the pages have been turned - otherwise the book feels largely unread. No tears. None of the usual foxing or offsetting to the endpapers - just the lightest of fox spots to one of the preliminary blank pages. Spine tight. In a near fine plain printed dustwrapper, that is not price-clipped, retaining the original publisher's price of 5/- net on the front flap. Unusually, there is virtually no wear to the dustwrapper - just a crease to the bottom corner of the rear flap where the flap has been folded over at some point over the last 85 years. There is virtually no wear or tear to the edges at all, even to the spine, and the spine remains clean and hardly browned at all. Extremely rare thus. 220mm x 150mm. With a four-page preface by the author to the fore, dated December 13, 1935, plus 403 text-pages. Contents: Preface; Book I - Introduction, Book II - Definitions and Ideas, Book III - The Propensity to Consume, Book IV - The Inducement to Invest, Book V - Money-wages and Prices, Book VI - Short Notes Suggested by the General Theory, Index. 'John Maynard Keynes, CB, FBA (5 Jun 1883 - 21 Apr 1946) was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, his ideas are the basis for the school of thought known as Keynesian economics, and its various offshoots.' '"The General Theory of Employment, Interest and Money" was first published in Feb 1936. It caused a profound shift in economic thought, giving macroeconomics a central place in economic theory and contributing much of its terminology - the "Keynesian Revolution". It had equally powerful consequences in economic policy, being interpreted as providing theoretical support for government spending in general, and for budgetary deficits, monetary intervention and counter-cyclical policies in particular. It is pervaded with an air of mistrust for the rationality of free-market decision-making.' (Wiki) A first printing of the true first edition, dated 1936, with no further printings noted, of John Maynard Keynes' "The General Theory of Employment, Interest and Money", in really beautiful collectible condition. Copies of this important work in this condition, in the original dustwrapper, are virtually unobtainable now. Of interest to collectors of the works of John Maynard Keynes, and of landmark twentieth-century Economics titles. For all our books, postage is charged at cost, allowing for packaging: any shipping rates indicated on ABE are an average only: we will reduce the P & P charge where appropriate - please contact us for postal rates for heavier books and sets etc.

John Maynard Keynes' groundbreaking work established the framework for contemporary macroeconomic theory. It analyses the causes of fluctuating employment levels and proposes interventions to stabilize the economy.