John Maynard Keynes THE ECONOMIC CONSEQUENCES OF THE PEACE 1st American Ed. 1920
Item History & Price
THE ECONOMIC CONSEQUENCES OF THE PEACE by John Maynard Keynes New York: Harcourt Brace and Howe, 1920
This is the first printing of the first American edition edition
Cloth hardcover, 8-1/4" tall, 298 pages
Owner bookplate of Charles Daniel Frey{see below for biography}
No dustjacket, a little worn and soiledbut still in quite good or better condition
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from wikipedia:
The ...Economic Consequences of the Peace (1919) is a book written and published by the British economist John Maynard Keynes. After the First World War, Keynes attended the Paris Peace Conference of 1919 as a delegate of the British Treasury. In his book, he argued for a much more generous peace, not out of a desire for justice or fairness – these are aspects of the peace that Keynes does not deal with – but for the sake of the economic well-being of all of Europe, including the Allied Powers, which the Treaty of Versailles and its associated treaties would prevent.....
===============
John Maynard Keynes, 1st Baron Keynes CB FBA (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and was one of the most influential economists of the 20th century. Widely considered the founder of modern macroeconomics, his ideas are the basis for the school of thought known as Keynesian economics, and its various offshoots.
During the Great Depression of the 1930s, Keynes spearheaded a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands. He argued that aggregate demand (total spending in the economy) determined the overall level of economic activity, and that inadequate aggregate demand could lead to prolonged periods of high unemployment. Keynes advocated the use of fiscal and monetary policies to mitigate the adverse effects of economic recessions and depressions. He detailed these ideas in his magnum opus, The General Theory of Employment, Interest and Money, published in 1936. In the mid to late-1930s, leading Western economies adopted Keynes's policy recommendations. Almost all capitalist governments had done so by the end of the two decades following Keynes's death in 1946.
As leader of the British delegation, Keynes participated in the design of the international economic institutions established after the end of World War II, but was overruled by the American delegation on several aspects. Keynes's influence started to wane in the 1970s, partly as a result of the stagflation that plagued the Anglo-American economies during that decade, and partly because of criticism of Keynesian policies by Milton Friedman and other monetarists, who disputed the ability of government to favourably regulate the business cycle with fiscal policy. However, the advent of the global financial crisis of 2007–2008 sparked a resurgence in Keynesian thought. Keynesian economics provided the theoretical underpinning for economic policies undertaken in response to the crisis by President Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom, and other heads of governments.
When Time magazine included Keynes among its Most Important People of the Century in 1999, it stated that "his radical idea that governments should spend money they don't have may have saved capitalism." The Economist has described Keynes as "Britain's most famous 20th-century economist." In addition to being an economist, Keynes was also a civil servant, a director of the Bank of England, and a part of the Bloomsbury Group of intellectuals......
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from the Online Archive of California:
Charles Frey (1886-1959) worked in the editorial and art department of the Chicago Examiner (1905-06), and the Chicago Evening Post (1906-09). In 1917, he organized the Chicago branch and served as the national director of the American Protective League.
Frey was born on October 9, 1886 in Denver, Colorado; after an education in the public schools, Frey worked in the editorial and art department of the Chicago Examiner, 1905-06, and the Chicago Evening Post, 1906-09; in 1917 he organized the Chicago branch and served as the national director of the American Protective League; served as captain, Military Intelligence Division of the General Staff, Washington during World War I; served as chairman of the finance committee, Municipal Voters League, 1920-26; organized the Charles Daniel Frey Company advertising agency in 1921 which operated until its liquidation in 1948; vice chairman, board of the American Association of Advertising Agencies, 1934; director, Chicago Times, 1939-47; died in November 1959.
This is the first printing of the first American edition edition
Cloth hardcover, 8-1/4" tall, 298 pages
Owner bookplate of Charles Daniel Frey{see below for biography}
No dustjacket, a little worn and soiledbut still in quite good or better condition
=================
from wikipedia:
The ...Economic Consequences of the Peace (1919) is a book written and published by the British economist John Maynard Keynes. After the First World War, Keynes attended the Paris Peace Conference of 1919 as a delegate of the British Treasury. In his book, he argued for a much more generous peace, not out of a desire for justice or fairness – these are aspects of the peace that Keynes does not deal with – but for the sake of the economic well-being of all of Europe, including the Allied Powers, which the Treaty of Versailles and its associated treaties would prevent.....
===============
John Maynard Keynes, 1st Baron Keynes CB FBA (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and was one of the most influential economists of the 20th century. Widely considered the founder of modern macroeconomics, his ideas are the basis for the school of thought known as Keynesian economics, and its various offshoots.
During the Great Depression of the 1930s, Keynes spearheaded a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands. He argued that aggregate demand (total spending in the economy) determined the overall level of economic activity, and that inadequate aggregate demand could lead to prolonged periods of high unemployment. Keynes advocated the use of fiscal and monetary policies to mitigate the adverse effects of economic recessions and depressions. He detailed these ideas in his magnum opus, The General Theory of Employment, Interest and Money, published in 1936. In the mid to late-1930s, leading Western economies adopted Keynes's policy recommendations. Almost all capitalist governments had done so by the end of the two decades following Keynes's death in 1946.
As leader of the British delegation, Keynes participated in the design of the international economic institutions established after the end of World War II, but was overruled by the American delegation on several aspects. Keynes's influence started to wane in the 1970s, partly as a result of the stagflation that plagued the Anglo-American economies during that decade, and partly because of criticism of Keynesian policies by Milton Friedman and other monetarists, who disputed the ability of government to favourably regulate the business cycle with fiscal policy. However, the advent of the global financial crisis of 2007–2008 sparked a resurgence in Keynesian thought. Keynesian economics provided the theoretical underpinning for economic policies undertaken in response to the crisis by President Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom, and other heads of governments.
When Time magazine included Keynes among its Most Important People of the Century in 1999, it stated that "his radical idea that governments should spend money they don't have may have saved capitalism." The Economist has described Keynes as "Britain's most famous 20th-century economist." In addition to being an economist, Keynes was also a civil servant, a director of the Bank of England, and a part of the Bloomsbury Group of intellectuals......
==============
from the Online Archive of California:
Charles Frey (1886-1959) worked in the editorial and art department of the Chicago Examiner (1905-06), and the Chicago Evening Post (1906-09). In 1917, he organized the Chicago branch and served as the national director of the American Protective League.
Frey was born on October 9, 1886 in Denver, Colorado; after an education in the public schools, Frey worked in the editorial and art department of the Chicago Examiner, 1905-06, and the Chicago Evening Post, 1906-09; in 1917 he organized the Chicago branch and served as the national director of the American Protective League; served as captain, Military Intelligence Division of the General Staff, Washington during World War I; served as chairman of the finance committee, Municipal Voters League, 1920-26; organized the Charles Daniel Frey Company advertising agency in 1921 which operated until its liquidation in 1948; vice chairman, board of the American Association of Advertising Agencies, 1934; director, Chicago Times, 1939-47; died in November 1959.
