'Clarke's study of the Keynesian revolution is intellectual history of the highest order. Clarke's book ... is both clear and logical, and represents a major contribution to economic, intellectual and political history.'
G.C. Peden, University of Bristol, EHR Apr '92
List of plates; PART I: INTRODUCTION: Prologue: The Story of an Argument: Keynes before Keynesianism 1883-1924; PART II: SOUND FINANCE: Prologue to Part II: Rigid doctrines and flexible prices; The formulation of the treasury view 1925-1929; PART III; A REVOLUTION IN ECONOMIC POLICY/: Prologue to Part III: The politics of Keynesian economics 1924-1929; The Macmillan committe: the exposition of the Treatise; The bank under the harrow; The reformulation of the treasury
view 1929-1930; Rigid prices and flexible doctrines, I: public works; Rigid prices and flexible doctrines, II: free trade; PART IV: A REVOLUTION IN ECONOMIC THEORY: Prologue to Part IV: The Treatisde under the harrow; The making of the theory of effective demand; The impact of the theory of
effective demand; PART V: CONCLUSION: Keynes and Keynesianism; Bibliography; Index