“A POWERFUL AND IMPORTANT CRITIQUE OF CHURCHILL’S DIRECTION OF BRITAIN’S ECONOMY”: JOHN MAYNARD KEYNES’ THE ECONOMIC CONSEQUENCES OF MR. CHURCHILL, 1925
KEYNES, John Maynard. The Economic Consequences of Mr. Churchill. [London]: Hogarth Press, 1925. Slim octavo, original green stapled wrappers; pp. 32.
First and only edition of these five essays by economist Keynes on inflation, wage reduction, and Churchill’s return to the gold standard, published by Leonard and Virginia Woolf’s Hogarth Press.
In this “powerful and important critique of Churchill’s direction of Britain’s economy as Chancellor of the Exchequer [1924-29]… Keynes particularly attacks Churchill’s decision to return Britain to the gold standard, although in doing this Churchill was following the prevailing advice of his financial experts” (Zoller A10). Economist Keynes, who had gone to school with Leonard Woolf and Woolf’s future brothers-in-law Tobias and Adrian Stephen, was an influential member of the Bloomsbury Group, and it is no surprise that this pamphlet was published by Leonard and Virginia Woolf’s Hogarth Press. “Readers of Keynes could find in his pamphlet the same heady mixture of tough-minded economic analysis and skillful writing, data and rhetoric, seriousness and wit that marked all his journalism” (Willis, Leonard and Virginia Woolf as Publishers, 218). Chapters I, III and V originally published in London’s Evening Standard newspaper in 1925. Zoller A10. Woolmer 66.
Text fresh and clean, expert restoration to wrappers.