KEYNES, JOHN MAYNARD. The General Theory of Employment Interest and Money. 8vo, original blue cloth, gilt-lettered; printed dust jacket,

minor wear along edges, spine panel slightly darkened. London: Macmillan, 1936 FIRST EDITION. "The world-wide slump after 1929 prompted Keynes to attempt an explanation of, and new methods for controlling, the vagaries of the trade-cycle... in his General Theory, he subjected the definitions and theories of the classical school of economists to a penetrating scrutiny and found them seriously inadequate and inaccurate... A national budget, over and above its function of providing a national income, should be used as a major instrument in planning the national economy. The regulation of the trade-cycle... must be the responsibility of governments. Lost equilibrium in a national economy could and should be restored by official action and not abandoned to laisser faire."-Printing and the Mind of Man 423.