Originally written as a Fellowship Dissertation for King's College, Cambridge, between 1906 and 1909, Keynes's Treatise represents his earliest large-scale writing. Rewritten for publication during 1909-12 and 1920-1, it was the first systematic work in English on the logical foundations of probability for 55 years. As it filled an obvious gap in the existing theory of knowledge, it received an enthusiastic reception from contemporaries on publication. Even today amongst philosophers, the essence of Keynes's approach to probability is established. This edition reprints, with Keynes's own...

Keynes published The Economic Consequences of the Peace in December 1919. Over the next two years events moved rapidly and by the late autumn of 1921 a sequel was needed. While Keynes's views had not changed, any critical observer required a review of the new facts and materials. That is what A Revision of the Treaty provided. By May 1921 a long series of meetings between the Allied Premiers had led, through an even longer series of proposals, counterproposals, attempted settlements and sanctions imposed on Germany, to the London Settlement of Reparations of May 1921. This, as Keynes rightly...

This volume, with its companion, Volume 13, provides all the surviving letters, drafts and articles arising from Keynes's work as a monetary economist between 1924 and 1939. It contains wherever possible both sides of all correspondence concerning his Treatise on Money and General Theory, both before and after publication, as well as complete texts of all surviving drafts of both works. In addition it contains important correspondence concerning D. H. Robertson's Banking Policy and the Price Level and such post-General Theory contributors as R. F. Harrod's first work on the theory of economic...

In 1936 Keynes published the most provocative book written by any economist of his generation. The General Theory, as it is known to all economists, cut through all the Gordian Knots of pre-Keynesian discussion of the trade cycle and propounded a new approach to the determination of the level of economic activity, the problems of employment and unemployment and the causes of inflation. Arguments about the book continued until his death in 1946 and still continue today. Despite all that has been written in the subsequent years, Keynes and his book still represent the turning point between the...

This volume contains Keynes's academic articles and reviews on a number of subjects, as well as his previously unpublished 1909 Adam Smith Prize essay on index numbers. Amongst the subjects covered are India, statistics, World War I and its financing, money and international economics. Included are his papers on the transfer problem, supplemented by related correspondence with Bertil Ohlin.

Between the outbreak of war in 1939 and his death in 1946 Keynes was closely involved in the management of Britain's war economy and the planning of the post-war world. This volume, the first of several dealing with this period, focuses on two aspects of his activities during the war: his efforts as a private citizen to influence opinion of the tasks ahead prior to July 1940, and his contributions within the Treasury to Britain's internal financial management thereafter. It contains the correspondence and memoranda surrounding How to Pay for the War, perhaps his most successful essay in...

This volume, with its companion, Volume 14, provides all the surviving letters, drafts and articles arising from Keynes's work as a monetary economist between 1924 and 1939. It contains wherever possible both sides of all correspondence concerning his Treatise on Money and General Theory, both before and after publication, as well as complete texts of all surviving drafts of both works. In addition it contains important correspondence concerning D. H. Robertson's Banking Policy and the Price Level and such post-General Theory contributions as R. F. Harrod's first work on the theory of...

This volume, containing papers written by Keynes, in the course of his various activities, is chiefly concerned with his work down to the outbreak of war in 1914 on problems of Indian currency and especially with the part that he played in influencing and shaping the report of the (Austen Chamberlain) Royal Commission on Indian Finance and Currency. The papers show the young Keynes (he was under 30 when appointed) with a complete mastery not only of the broad and academic principles but also, as throughout his life, of the details, holding his own in debate with the acknowledged authorities...

The Economic Consequences of the Peace was written by Maynard Keynes in 1919 following his resignation as Treasury representative at the Peace Conference at Versailles. It was this work that first made Maynard Keynes's name a household word, a figure of hatred and public criticism to some, a rallying point for rational thought and action to others. Written in the white heat of anger and despair, it vividly conveys to later generations Keynes's horror that clear thinking, human compassion and solemn pledges had been, in his eyes, destroyed by political opportunism.

This volume, a companion to Volume 17 and to many of the Essays in Persuasion (Volume 9), carries Keynes's involvement in the post-1919 reparations tangle down to the Lausanne Conference and Britain's subsequent effective default on her own war debts in June 1933 - almost fourteen years to the day after Keynes's own resignation from the Treasury over the original Peace Settlement effectively removed the issue from practical politics. The events it covers were dramatic - the German hyperinflation, the occupation of the Ruhr, the Dawes and Young Plans and the Hoover Moratorium. Throughout,...