Keynes, John Maynard (1936) The General Theory of Employment, Interest and Money’, UK first edition in the scarce first edition dust jacket

John Maynard Keynes (1936) ‘The General Theory of Employment, Interest and Money‘, UK first edition, first printing, published by Macmillan & Co. First state with the erratum mentioned on page 403.

Condition: a near fine book in a very good dust jacket. The book is visibly unread and still taut. The boards are clean with a trfile of shelf wear. The top page block is a little dusty and darkened. The bottom page block nicely clean. A few foxing spots to page block edges as shown. The gilding on spine is vibrany and NOT rubbed out. Notice a small area of fading at the foot of the spine corresponding to the chip of the dust jacket. Contemporary previous owner’s name on the ffep. No other inscriptions, no annotations etc. throughout the book. The exceptionally scarce dust jacket is very good. It has a chip at the foot of the spine and the spine is darkened. Light wear to the top edge. Correct 5/- net price on the flap present. No mentioning of other impressions on the spine indicating that this is a first printing wrapper indeed!

By far the best condition copy on the market for this price!

‘The General Theory of Employment, Interest and Money’ is a landmark book and Keynes’ magnum opus of macro-economics that introduced terms like ‘multiplier effect’ and leading to the ‘Keynsian Revolution’. The school’s thought was dominant until the collapse of Bretton Woods, but with the weaknesses of Milton Friedman’s ‘Monetarism’ exposed following the global financial crisis Keynes’ line of thought witnesses a revival.