keynes essays in persuasion

Essays in Persuasion

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  • John Maynard Keynes

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Table of contents (27 chapters)

Front matter, the treaty of peace, paris (1919), the capacity of germany to pay reparations (1919), proposals for the reconstruction of europe (1919), the change of opinion (1921), war debts and the united states, inflation and deflation, inflation (1919), social consequences of changes in the value of money (1923), the french franc, can lloyd george do it, the great slump of 1930 (1930), economy (1931), the consequences to the banks of the collapse of money values (august 1931), the return to the gold standard, auri sacra fames (september 1930), alternative aims in monetary policy (1923), positive suggestions for the future regulation of money (1923), the speeches of the bank chairmen (1924–1927).

  • monetary policy

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About the author, bibliographic information.

Book Title : Essays in Persuasion

Authors : John Maynard Keynes

DOI : https://doi.org/10.1007/978-1-349-59072-8

Publisher : Palgrave Macmillan London

eBook Packages : Palgrave Economics & Finance Collection , Economics and Finance (R0)

Copyright Information : Palgrave Macmillan, a division of Nature America Inc. 2010

Softcover ISBN : 978-0-230-24957-8 Published: 21 July 2010

eBook ISBN : 978-1-349-59072-8 Published: 30 April 2016

Edition Number : 1

Number of Pages : L, 451

Topics : History of Economic Thought/Methodology , Economic History , Economic Theory/Quantitative Economics/Mathematical Methods

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Essays in Persuasion

This online edition hosted by the Economics Network , based on a transcription by Project Gutenberg Canada .

I. THE TREATY OF PEACE

II. INFLATION AND DEFLATION

III. THE RETURN TO THE GOLD STANDARD

IV. POLITICS

V. THE FUTURE

This work is in the public domain in countries where the copyright term is the author's life plus 70 years or less.

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Essays in Persuasion

John maynard keynes.

383 pages, Paperback

First published January 1, 1931

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...Why do practical men find it more amusing to make money than to join the Open Conspiracy? I suggest that it is much the same reason as that which makes them find it more amusing to play bridge on Sundays than to go to church. They lack altogether the kind of motive, the possession of which, if they had it, could be expressed by saying that they had a creed. They have no creed, these potential open conspirators, no creed whatever. That is why, unless they have the luck to be scientists or artists, they fall back on the grand substitute motive, the perfect Ersatz, the anodyne for those who, in fact, want nothing at all—Money. Clissold charges the enthusiasts of Labour that they have "feelings in the place of ideas." But he does not deny that they have feelings. Has not, perhaps, poor Mr. Cook something which Clissold lacks? Clissold and his brother Dickon, the advertising expert, flutter about the world seeking for something to which they can attach their abundant libido. But they have not found it. They would so like to be Apostles. But they cannot. They remain business men.

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Essays in Persuasion Paperback – November 14, 2012

  • Print length 392 pages
  • Language English
  • Publisher Martino Fine Books
  • Publication date November 14, 2012
  • Dimensions 6 x 0.87 x 9 inches
  • ISBN-10 161427374X
  • ISBN-13 978-1614273745
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Product details

  • Publisher ‏ : ‎ Martino Fine Books (November 14, 2012)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 392 pages
  • ISBN-10 ‏ : ‎ 161427374X
  • ISBN-13 ‏ : ‎ 978-1614273745
  • Item Weight ‏ : ‎ 1.26 pounds
  • Dimensions ‏ : ‎ 6 x 0.87 x 9 inches
  • #2,234 in Theory of Economics
  • #3,691 in Economic Conditions (Books)
  • #4,345 in Economic History (Books)

About the author

John maynard keynes.

John Maynard Keynes, 1st Baron Keynes, CB, FBA (/ˈkeɪnz/ KAYNZ; 5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of modern macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the most influential economists of the 20th century and the founder of modern macroeconomics. His ideas are the basis for the school of thought known as Keynesian economics and its various offshoots.

In the 1930s, Keynes spearheaded a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands. He instead argued that aggregate demand determined the overall level of economic activity and that inadequate aggregate demand could lead to prolonged periods of high unemployment. According to Keynesian economics, state intervention was necessary to moderate "boom and bust" cycles of economic activity. Keynes advocated the use of fiscal and monetary policies to mitigate the adverse effects of economic recessions and depressions.

Following the outbreak of World War II, Keynes's ideas concerning economic policy were adopted by leading Western economies. Keynes died in 1946; but, during the 1950s and 1960s, the success of Keynesian economics resulted in almost all capitalist governments adopting its policy recommendations. Keynes's influence waned in the 1970s, partly as a result of problems with inflation that began to afflict the Anglo-American economies from the start of the decade and partly because of critiques from Milton Friedman and other economists who were pessimistic about the ability of governments to regulate the business cycle with fiscal policy. However, the advent of the global financial crisis of 2007–08 caused a resurgence in Keynesian thought. Keynesian economics provided the theoretical underpinning for economic policies undertaken in response to the crisis by President Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom, and other heads of governments.

In 1999, Time magazine included Keynes in their list of the 100 most important and influential people of the 20th century, commenting that: "His radical idea that governments should spend money they don't have may have saved capitalism." He has been described by The Economist as "Britain's most famous 20th-century economist."

In addition to being an economist, Keynes was also a civil servant, a director of the Bank of England, a part of the Bloomsbury Group of intellectuals, a patron of the arts, an art collector, the founding chairman of the Arts Council of Great Britain, a director of the British Eugenics Society, an advisor to several charitable trusts, a successful private investor, a writer, a philosopher, and a farmer.

Bio from Wikipedia, the free encyclopedia. Photo by unknown [Public domain], via Wikimedia Commons.

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    In the light of subsequent history, "Essays of Persuasion" is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty, John Maynard Keynes foresaw all too clearly that excessive Allied demands for reparations and indemnities would lead to the economic collapse of Germany. In Keynes' essays on inflation and deflation, the reader ...

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    Essays in Persuasion. This reissue of the authoritative Royal Economic Society edition of Essays in Persuasion features a new introduction by Donald Moggridge, which discusses the significance of this definitive work. The essays in this volume show Keynes' attempts to influence the course of events by public persuasion over the period of 1919-40.

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  9. Essays in Persuasion

    In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty. John Maynard Keynes foresaw all too clearly that excessive Allied demands for reparations and indemnities would lead to the economic collapse of Germany. In Keynes's essays on inflation and deflation, the reader ...

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    In 'Essays in Persuasion,' John Maynard Keynes articulates his cogent analyses of economic policies and theory during the tumultuous periods between the two world wars. The collection offers an intimate examination of the societal and political implications of fiscal strategies and the human consequences they can harbor. Keynes' prose combines incisive argumentation with eloquent rhetoric ...

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    The essays in this volume show Keynes's attempts to influence the course of events by public persuasion over the period of 1919-40. In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty.

  12. PDF Economic Possibilities for our

    The value of Great Britain's foreign investments to-day is estimated at about £4,000,000,000. This yields us an income at the rate of about 61⁄2 per cent. Half of this we bring home and enjoy; the other half, namely, 31⁄4 per cent, we leave to accumulate abroad at compound interest.

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  14. Essays in Persuasion 2010th Edition

    This reissue of the authoritative Royal Economic Society edition of Essays in Persuasion features a new introduction by Donald Moggridge, which discusses the significance of this definitive work. The essays in this volume show Keynes' attempts to influence the course of events by public persuasion over the period of 1919-40. ISBN-10. 0230249574.

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    The essays in this volume show Keynes's attempts to influence the course of events by public persuasion over the period of 1919-40. In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty. John Maynard Keynes foresaw all too clearly that excessive Allied demands for ...

  16. The Essays in Persuasion of John Maynard Keynes and their Relevance for

    Keynes's Economic Consequences of the Peace - May 2024. Introduction. As is known, the Essays in Persuasion of John Maynard Keynes constitute a relevant attempt to find a solution to the most urgent problems of the post-World War I period. For this reason, their importance goes well beyond the sphere of economics for reaching out to the realms of history, politics and international relations.

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    Essays In Persuasion, which was first published in 1931, was author John Maynard Keynes' first volume of collected essays. In it he gathered together various writings on public affairs from 1919-1931, including some extracts from his published books. The essays taken as a whole embody forecasts and recommendations made by the author on a variety of subjects which can now be checked by the ...

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  23. Essays in Persuasion: Keynes CB Fba, John Maynard: 9781614273745

    The essays in this volume show Keynes's attempts to influence the course of events by public persuasion over the period of 1919-40. In the light of subsequent history, 'Essays in Persuasion' is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty, John Maynard Keynes foresaw ...