The essential writings of the 20th century’s most influential economist, collected in one volume
Today, John Maynard Keynes is best remembered for his pioneering development of macroeconomics, and for his advocacy of active fiscal and monetary government policy. This uniquely comprehensive selection of his work, edited by Keynes’s award-winning biographer Robert Skidelsky, aims to make his work more accessible to both students of economics and the general reader. All of Keynes’s major economic work is included, yet the selection goes beyond pure economics. Here too are Keynes’s essential writings on philosophy, social theory and policy, and his futurist vision of a world without work. As Robert Skidelsky writes in his introduction: “People talk of the need for a new Keynes. But the old Keynes still has superlative wisdom to offer for a new age.”
For more than sixty-five years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,500 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts enhanced by introductions and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.
Author(s): John Maynard Keynes; Robert Skidelsky
Publisher: Penguin Classics
Year: 2016
Language: English
Pages: 603
About the Author......Page 2
Title Page......Page 3
Copyright Page......Page 4
Contents......Page 5
Dedication......Page 9
Epigraph......Page 10
Preface......Page 11
List of Abbreviations......Page 12
Introduction......Page 13
Bibliography......Page 29
Keynes’s World, Main Characters......Page 31
One: THE PHILOSOPHER......Page 39
1: ‘Ethics in Relation to Conduct’ (1904)......Page 40
2: ‘The Political Doctrines of Edmund Burke’ (1904)......Page 42
3: The Adding-Up Problem (1904)......Page 44
4: ‘The Principles of Probability’ (1908)......Page 45
5: CW 8, A Treatise on Probability (1921)......Page 47
6: CW 10, ‘My Early Beliefs’ (1938)......Page 51
Two: THE SOCIAL PHILOSOPHER......Page 64
7: CW 2, The Economic Consequences of the Peace (1919)......Page 66
8: CW 4, A Tract on Monetary Reform (1923)......Page 73
9: CW 9, ‘The End of Laissez-faire’ (1926)......Page 78
10: CW 9, ‘Am I a Liberal?’ (1925)......Page 98
11: CW 9, ‘A Short View of Russia’ (1925)......Page 102
12: CW 9, ‘Economic Possibilities for Our Grandchildren’ (1930)......Page 113
13: CW 21, ‘National Self-Sufficiency’ (1933)......Page 124
14: CW 28, ‘The Arts Council of Great Britain: Its Policy and Hopes’ (1945)......Page 130
Three: THE ECONOMIST......Page 134
15: CW 2, The Economic Consequences of the Peace (1919)......Page 137
16: CW 4, A Tract on Monetary Reform (1923)......Page 141
17: CW 5 and 6, A Treatise on Money (1930)......Page 147
18: The Great Depression......Page 183
19: CW 13, ‘A Monetary Theory of Production’ (1933)......Page 215
20: CW 7, The General Theory of Employment, Interest and Money (1936)......Page 218
21: CW 14, ‘The General Theory of Employment’ (1937)......Page 305
22: CW 14, ‘Alternative Theories of the Rate of Interest’ (1937)......Page 317
23: CW 14, Methodological Issues: Tinbergen, Harrod (1938)......Page 319
Four: THE POLICY-MAKER......Page 325
24: CW 2, The Economic Consequences of the Peace (1919)......Page 329
25: CW 17, ‘A Plan for a Russian Settlement’ (1922)......Page 331
26: CW 4, A Tract on Monetary Reform (1923)......Page 335
27: CW 9, ‘The Economic Consequences of Mr Churchill’ (1925)......Page 344
28: CW 9, ‘Can Lloyd George Do It?’ (1929)......Page 362
29: Policies for the Slump......Page 383
30: CW 9, ‘The Means to Prosperity’ (1933)......Page 404
31: The New Deal......Page 417
32: CW 28, ‘British Foreign Policy’ (1937)......Page 439
33: CW 21, ‘How to Avoid a Slump’ (1937)......Page 444
34: CW 22, ‘Paying for the War’ (1939)......Page 453
35: Full Employment Policy......Page 463
36: CW 25, ‘The Clearing Union’ (1941)......Page 473
37: CW 24, ‘Overseas Financial Policy in Stage III’ (1945)......Page 490
38: CW 27, ‘The Balance of Payments of the United States’ (1946)......Page 505
Five: THE ESSAYIST......Page 507
39: CW 10, ‘The Council of Four, Paris’ (1919), ‘Lloyd George: A Fragment’ (1933)......Page 508
40: CW 10, ‘Dr Melchior: A Defeated Enemy’ (1920)......Page 526
41: CW 10, ‘Alfred Marshall’ (1924)......Page 531
42: CW 10, ‘Thomas Robert Malthus’ (1933)......Page 538
43: CW 10, ‘Newton the Man’ (1946)......Page 550
Quotable Quotes......Page 559
Notes......Page 572
1......Page 580
1......Page 581
2......Page 582
3......Page 583
4......Page 584
5......Page 585
6......Page 586
7......Page 587
8......Page 588
9......Page 589
10......Page 590
11......Page 591
12......Page 592
13......Page 593
14......Page 594
15......Page 595
16......Page 596
17......Page 597
18......Page 598
19......Page 599
1......Page 600
2......Page 601
3......Page 602
