Books

First American edition of Keynes classic economic book - from the library of Theodore W. Schultz, (Winner of the Nobel Prize for Economics in 1979). Prof. Schultz signed on the first free end paper, above his bookplate. Prof. Schultz has added extensive marginal notations, and underlined text, reflecting differences between economic theory in 1936 and in more recent years. Gilt on blue covers. 8vo, 403pp. (Erratum at the bottom of page 403).

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.