THE MOST INFLUENTIAL ECONOMIC TREATISE OF THE 20TH CENTURY, FIRST EDITION IN THE SCARCE ORIGINAL DUST JACKET

KEYNES, John Maynard. The General Theory of Employment, Interest and Money. London: Macmillan, 1936. Octavo, original blue-green cloth, original dust jacket. Housed in a custom clamshell box. $14,000.

First edition of Keynes' last major work, considered the most influential economic treatise of the 20th century, rarely found in the original dust jacket.

Keynes' 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 world-wide slump after 1929 prompted Keynes to attempt an explanation of, and new methods for controlling, the vagaries of the trade-cycle. First in A Treatise on Money, 1930, and later in his General Theory, he subjected the definitions and theories of the classical school of economics to a penetrating scrutiny and found them seriously inadequate and inaccurate" (PMM 423). Small sun drawn on rear panel of dust jacket.

Book near-fine, with interior fine, only mild toning to spine, and slightest rubbing to head of spine. Unrestored dust jacket far nicer than usually found, with slightest soiling and light wear and toning to extremities including small split to front joint. A most desirable copy.