Books

New York: Harcourt, Brace & Company, 1936. First American edition of the most influential social science treatise of the twentieth century, signed by six Nobel Prize-winning economists. Octavo, original cloth. Signed and inscribed by Nobel Prize-winning economists Paul A. Samuelson, Kenneth J. Arrow, Edmund Phelps, Robert J. Shiller, John Nash, and Robert C. Merton. Near fine in a very good price-clipped dust jacket with chipping to the extremities. An exceptional example of the utmost scarcity signed by this extraordinarily influential group of Nobel laureates, who were deeply influenced by the work of the economist J.M. Keynes. The General Theory ranks with Smith’s Wealth of Nations as an intellectual event and with Malthus’ Essay on Population as a guide for public policy. The London Review of Books has grouped The General Theory "among the glories of modern publishing, edited with exemplary authority and lack of fuss." Many innovations of The General Theory remain…

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.