The Collected Writing of John Maynard Keynes.

KEYNES, John Maynard [J.M.}.

$1,600.00

Item Number: 144916

London: Macmillan University Press for the Royal Economic Society, 1971.

The collected writings of John Maynard Keynes. Octavo, 30 volumes, original cloth. Volumes XI, XII, XVI-XXX are first editions. Each volume is near fine in a near fine dust jacket.

As its memorial to Lord Keynes, who for thirty-two years was its secretary and editor for its Economic Journal, the Royal Economic Society published this new edition of his Collected Writings. Keynes' ideas profoundly influenced economic thought and policy during the 20th century. His most notable work, "The General Theory of Employment, Interest, and Money" (1936), revolutionized macroeconomic thinking by advocating for government intervention in the economy to manage demand and stabilize economic fluctuations. Keynes argued that during periods of economic downturn, governments should increase spending to boost demand and reduce unemployment. This approach, known as Keynesian economics, played a crucial role in shaping economic policies, particularly during the Great Depression and post-World War II era. Keynes's ideas laid the foundation for the modern welfare state and remain influential in discussions about fiscal and monetary policy.