Keynes biography price of peace
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Book Review: The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes by Zachary D. Carter
In The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes, Zachary D. Carteroffers a new intellectual biography tracing the life and legacy of the influential economist, which argues that in the years since Keyness death, Keynesian economics has been stripped of Keynesian thought. Weaving together a dazzling array of Keynes’s private letters, journalistic works and academic research, this accessible book may help to hasten Keyness revival, writes Stephen Paduano.
The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes. Zachary D. Carter. Penguin Random House.
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In the long run, economists will be like dentists, according to John Maynard Keynes. This was one of the loftier aspirations of the great economist’s essay, ‘Economic Possibilities for our Grandchildren’. Surveying the recent wonders of technological innovation and the ‘power of compound interest’, Keynes proposed that in years the living standard would have improved eight-fold, the working week would have collapsed to just fifteen hours and the ‘love of money’ would be revealed as a ‘disgusting morbidity […] semi
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The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes by Zachary D. Carter (Random House)
The Price of Peace is an ambitious, lucid biography of the legendary intellectual and economist John Maynard Keynes, but with the verve of his subject, Zachary Carter has defied traditional biographical narrative with a probing, revelatory consideration of how Keynesianism, the economist’s intellectual legacy, has shaped the world since his death in In his compelling debut book, Carter makes a case in this fraught world that there is no 20th century intellectual whose ideas and vision are more relevant than John Maynard Keynes.
Structurally inventive, Carter begins his book in the spring of by placing Keynes at a midlife turning point with the “Bloomsberries,” as Virginia Woolf dubbed her crowd of London intellectuals. He was a “tangle of paradoxes” as Carter writes. An enthusiastically gay man, he fell passionately in love with and married a Russian ballerina. Loyal to the British Empire but fiercely anti-imperialist, a pacifist who supported two world wars, an economist who challenged economics. Keynes detailed his economy theory in, The General Theory of Employment, Interest, and Money, published in Building on that great opus, Carter synth
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The Price entrap Peace: Flat broke, Democracy, dominant the Convinced of Trick Maynard Keynes
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