Details
KEYNES, John Maynard (1883-1946). Indian Currency and Finance. London: Macmillan and Co., 1913. 8° (217 x 136mm). Folding table, half-title. (Front endpapers and half-title very lightly spotted, very small faint spot to title.) Original brick-red cloth (extremities faintly rubbed). Provenance: PUBLISHER'S PRESENTATION COPY (blindstamp to title) -- E. Allen (ink signature to endpaper dated 1951).
FIRST EDITION OF THE AUTHOR'S FIRST BOOK. 'This is, by common agreement, a work of first-rate quality. Those who were unconvinced by his later writings, all of which were controversial, like to acclaim it as his best book. The second chapter (on the Gold Exchange Standard) is of general interest, quite apart from the rupee problem, and has become a classic. The book well manifests Keynes' characteristic powers and tendencies. It is the work of a theorist, giving practical application to those esoteric monetary principles which Marshall had expounded and Keynes was explaining in the Cambridge classrooms, and at the same time it showed an outstanding gift for penetrating the secrets of how institutions actually work' (Harrod, The Life of John Maynard Keynes, p.163).
FIRST EDITION OF THE AUTHOR'S FIRST BOOK. 'This is, by common agreement, a work of first-rate quality. Those who were unconvinced by his later writings, all of which were controversial, like to acclaim it as his best book. The second chapter (on the Gold Exchange Standard) is of general interest, quite apart from the rupee problem, and has become a classic. The book well manifests Keynes' characteristic powers and tendencies. It is the work of a theorist, giving practical application to those esoteric monetary principles which Marshall had expounded and Keynes was explaining in the Cambridge classrooms, and at the same time it showed an outstanding gift for penetrating the secrets of how institutions actually work' (Harrod, The Life of John Maynard Keynes, p.163).