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Keynes in Action: Truth and Expediency in Public Policy

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John Maynard Keynes died in 1946 but his ideas and his example remain relevant today. In this distinctive new account, Peter Clarke shows how Keynes's own career was not simply that of an academic economist, nor that of a modern policy advisor. Though rightly credited for reshaping economic theory, Keynes's influence was more broadly based and is assessed here in a rounded historical, political and cultural context. Peter Clarke re-examines the full trajectory of Keynes's public career from his role in Paris over the Versailles Treaty to Bretton Woods. He reveals how Keynes's insights as an economic theorist were rooted in his wider intellectual and cultural milieu including Bloomsbury and his friendship with Virginia Woolf as well as his involvement in government business. Keynes in Action uncovers a much more pragmatic Keynes whose concept of 'truth' needs to be interpreted in tension with an acknowledgement of 'expediency' in implementing public policy.

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  • Illustrates the trajectory of Keynes's unique career path through a narrative couched in non-technical language
  • Shows Keynes's crucial role in the making of the 'War Guilt Clause'
  • For a wide interdisciplinary market across economic history, modern British history, public policy, economics and economic thought
Συγγραφέας: Clarke Peter
Εκδότης: CAMBRIDGE UNIVERSITY PRESS
Σελίδες: 274
ISBN: 9781009255011
Εξώφυλλο: Σκληρό Εξώφυλλο
Αριθμός Έκδοσης: 1
Έτος έκδοσης: 2022

Introduction
1. What really happened at Paris? Keynes and Dulles
2. What really happened at Paris? The war guilt clause
3. 'You are very famous, Maynard': Keynes and the Manchester Guardian
4. The truth about Lloyd George: four perspectives
5. Yielding to Ramsey: probability revisited
6. Yielding to realities: golden rules?
7. Truths between friends: Cambridge and economics
8. Truths between friends: Bloomsbury and politics
9. The road to Bretton Woods: expediency revisited
Conclusion: pragmatic and dogmatic Keynesianism.

Peter Clarke was formerly a professor of modern history and Master of Trinity Hall at Cambridge. His many books include Keynes: The Twentieth Century's Most Influential Economist, The Last Thousand Days of the British Empire, The Keynesian Revolution in the Making, 1924-1936 and the acclaimed final volume of the Penguin History of Britain, Hope and Glory, Britain 1900-2000. He lives with his wife, the Canadian writer Maria Tippett, in Cambridge, England, and Pender Island, British Columbia.

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