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The Keynesian Revolution in the Making, 1924–1936$
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Peter Clarke

Print publication date: 1990

Print ISBN-13: 9780198202196

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198202196.001.0001

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Keynes before Keynesianism, 1883–1924

Keynes before Keynesianism, 1883–1924

(p.9) 1 Keynes before Keynesianism, 1883–1924
The Keynesian Revolution in the Making, 1924–1936

Peter Clarke

Oxford University Press

This chapter introduces the themes in Keynes's career up to 1924 and the economic assumptions of the time which are salient in understanding what happened subsequently. When he came to compose his Treatise an Money (1930) and a fortiori the General Theory of Employment, Interest and Money (1936), he was not just ‘some academic scribbler’, whose magnum opus might fall, in an unpropitious hour, stillborn from the press. His problem, if anything, was to be that of establishing his scholarly credentials, since he already had a platform as a publicist. Keynes's importance in this period stemmed from his combination of roles in three overlapping areas: politics, policy, and theory. The discussion establishes what he brought to each of them.

Keywords:   Keynesianism, Keynes, politics, economics, policy

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