Keynes biography price of peace

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Book Review: The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes bygd Zachary D. Carter

In The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes, Zachary D. Carteroffers a new intellectual biography tracing the life and legacy of the influential economist, which argues that in the years since Keynes&#;s death, Keynesian economics has been stripped of Keynesian thought. Weaving together a dazzling array of Keynes’s private letters, journalistic works and academic research, this accessible book may help to hasten Keynes&#;s revival, writes Stephen Paduano.

The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes. Zachary D. Carter. Penguin Random House.

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In the long run, economists will be like dentists, according to John Maynard Keynes. This was one of the loftier aspirations of the great economist’s essay, ‘Economic Possibilities for our Grandchildren’. Surveying the

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The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes

April 29,

I took an Economics class in college, and hated it. The textbook was confusing and dry as dust, and the professor was as bored as the students, never speaking above a monotone except to get irritated when someone asked a question. inom always resented the fact that I had squandered one of my electives on a course I got so little out of, and from then on I steered clear of anything that included Economics.

But here inom am with a biography of John Maynard Keynes, which inom picked up in one of my periodic efforts to broaden my reading interests. To my surprise, I thoroughly enjoyed this book, not only for its examination of Keynes’s life and impact, but for its klar explanations of economic theories and how they can be used to implement and direct social and political goals. I learned more about the fundamentals of Economics from this book than I ever did in that class.

For instance, it is intriguing to th

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The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes by Zachary D. Carter (Random House)

The Price of Peace is an ambitious, lucid biography of the legendary intellectual and economist John Maynard Keynes, but with the verve of his subject, Zachary Carter has defied traditional biographical narrative with a probing, revelatory consideration of how Keynesianism, the economist’s intellectual legacy, has shaped the world since his death in In his compelling debut book, Carter makes a case in this fraught world that there is no 20th century intellectual whose ideas and vision are more relevant than John Maynard Keynes.

Structurally inventive, Carter begins his book in the spring of by placing Keynes at a midlife turning point with the “Bloomsberries,” as Virginia Woolf dubbed her crowd of London intellectuals. He was a “tangle of paradoxes” as Carter writes. An enthusiastically gay man, he fell passionately in love with and married a Russian ballerina. L