Laissez-Faire and Communism.
KEYNES, J.M. [John Maynard].
Laissez-Faire and Communism.
First Edition of J.M. Keynes' Laissez-Faire and Communism; Signed by Him
New York: New Republic, 1926.
$12,500.00
In Stock
Item Number: 129838
First edition of this work by one of the greatest economists of the twentieth century. Octavo, original wrappers. Signed and dated by the author on the title page, “J.M. Keynes 17 Feb 1927.” In very good condition. Books signed by Keynes are exceptionally rare.
Laissez-Faire and Communism by John Maynard Keynes is a concise collection of essays in which Keynes critiques both unregulated capitalism and centralized communist systems, arguing for a more balanced and pragmatic approach to economic organization. Rejecting the inefficiencies and inequalities of pure laissez-faire as well as the rigidity of state-controlled economies, Keynes advocates for a mixed system in which government intervention can promote stability, employment, and social welfare while preserving individual initiative. The work reflects his broader effort to redefine economic policy in the interwar period, laying intellectual groundwork for the development of modern Keynesian economics.
