The General Theory of Employment, Interest and Money.

KEYNES, John Maynard. [J.M.] (Paul A. Samuelson).

Item Number: 96486

London: Macmillan and Co., Limited, 1936.

First edition of the economist’s masterpiece, generally regarded as the most influential social science treatise of the twentieth century. Octavo, original cloth. Nobel Prize-winning economist’s Paul A. Samuelson’s copy, with his signature to the front free endpaper. The most influential economist of the later 20th century and the first American to win the Nobel Memorial Prize in Economic Sciences, Paul A. Samuelson published the best-selling economics textbook of all time, Economics: An Introductory Analysis, in 1948. The second attempt by an American economist to explain Keynsian economics, the work has sold nearly 4 million copies worldwide, established Samuelson as one of the greatest minds in contemporary economics, and popularized Keynes’ insights with a focus on how to avoid, or at least mitigate, the recurring slumps in economic activity. In a 1996 New Yorker interview, Samuelson placed Keynes as one of the three greatest economists who ever lived, behind Adam Smith and Leon Walras. In very good condition. An exceptional association, linking two of the greatest economists of all-time.

The General Theory ranks with Smith’s Wealth of Nations as an intellectual event and with Malthus’ Essay on Population as a guide for public policy. The London Review of Books has grouped The General Theory "among the glories of modern publishing, edited with exemplary authority and lack of fuss." Many innovations of The General Theory remain central to modern macroeconomics. It was placed on Time's 2001 top one-hundred non-fiction books written in English since 1923.