"The ideas of John Maynard Keynes inspired the New Deal and helped rebuild world economies after World War II--and were later dismissed as "depression economics." Then came the great meltdown of 2008. Market forces that the world relied on suddenly failed to self-correct--and Keynes's doctrine of corrective action in an imperfect world became more relevant than ever. Keynes was not a traditional economist: he was a polemicist, an iconoclastic public intellectual, a peer of the realm, and a political operative, as well as an openly homosexual bohemian who befriended Virginia Woolf and E. M. Forster. Here, historian Peter Clarke provides a timely accounting of Keynes's life and work, bringing his genius and skepticism alive for an era fraught with economic difficulties that he surely would have relished solving--Del editor."
"The ideas of John Maynard Keynes inspired the New Deal and helped rebuild world economies after World War II--and were later dismissed as "depression economics." Then came the great meltdown of 2008. Market forces that the world relied on suddenly failed to self-correct--and Keynes's doctrine of corrective action in an imperfect world became more relevant than ever. Keynes was not a traditional economist: he was a polemicist, an iconoclastic public intellectual, a peer of the realm, and a political operative, as well as an openly homosexual bohemian who befriended Virginia Woolf and E. M. Forster. Here, historian Peter Clarke provides a timely accounting of Keynes's life and work, bringing his genius and skepticism alive for an era fraught with economic difficulties that he surely would have relished solving.--From publisher description."
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