THE MOST INFLUENTIAL ECONOMIC TREATISE OF THE 20TH CENTURY: FIRST EDITION OF KEYNES’ GENERAL THEORY OF EMPLOYMENT, INTEREST AND MONEY, 1936

KEYNES, John Maynard. The General Theory of Employment, Interest and Money. London: Macmillan, 1936. Octavo, original blue-green cloth. $3200.

First edition of Keynes' last major work, considered the most influential economic treatise of the 20th century.

The General Theory ranks with the Wealth of Nations as an intellectual event and with Malthus' Essay on Population as a guide to 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). Without scarce original dust jacket. Small owner signature. Bookseller ticket.

Text fresh with faintest scattered foxing to interior and fore-edge, bright gilt cloth. A splendid about-fine copy.