H-Diplo REVIEW ESSAY 302 14 January 2021
H-Diplo REVIEW ESSAY 302 14 January 2021 Zachary D. Carter. The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes. New York: Random House, 2020. ISBN: 9780525509035 (hardcover, $35.00). https://hdiplo.org/to/E302 Editor: Diane Labrosse | Commissioning Editor: | Production Editor: George Fujii Review by Michael Cox, Founding Director, LSE IDEAS, and Emeritus Professor of International Relations, The London School of Economics ohn Maynard Keynes, who died in 1946, still remains a figure of fascination who led what, by any measure, was a rich and varied life. A serious policy-maker with friends in the highest of places, a public intellectual of the first order, an J academic economist who seemed to prefer the company of writers, a central figure in the avant-garde Bloomsbury Group, a lover of ballet and patron of the arts, and actively gay for a period when being so could easily land one in prison, it is easy to understand why Keynes has attracted so much attention from so many different kinds of writers over the years. Born into a high-minded but happy academic family in Cambridge in 1883 before going on to be educated at Eton and King’s College Cambridge, Keynes loved the company of clever and creative people as much as he was attracted to the powerful and the influential. Keynes was certainly not a ‘man of the people.’ Indeed, as he would have been the first to admit, he was an elitist to his fingertips who had no great affection for the proletariat, never much liked trade unions, and thought the USSR a quite “detestable” place.1 But if Keynes had little time for the first ‘worker’s state,’ he certainly loved England.
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