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Lot No :

FIRST MAJOR WORK ON INDIAN FINANCE BY JOHN MAYNARD KEYNES


Estimate: Rs 1,25,000-Rs 1,50,000 ( $1,955-$2,345 )


NON-EXPORTABLE

TITLE: Indian currency and finance
AUTHOR: John Maynard Keynes
PUBLISHER: Macmillan and Co., Limited
PLACE: London
YEAR: 1913
EDITION: First
BINDING: Publishers original brown canvas hard cover, title in gilt on spine. Small library number and withdrawal library stamp on title page
NO.OF PAGES: pp. viii + 261 pages including b & w chart showing the rate of discount at the Presidency Bank of Bengal.
SIZE:
Height: 22.4 cm
Width: 14.5 cm
Depth:2.6 cm

EXTREMELY RARE FIRST EDITION, FIRST IMPRESSION OF THE KEYNES FIRST MAJOR WORK ON ECONOMICS, FIRST MAJOR WORK ON INDIAN FINANCE.

John Maynard Keynes was the greatest economist. Incidentally this book was his first book on India..br.
The author's first book. Between 1906 and 1908, Keynes served as a civil servant with the India Office in Whitehall

This book is the outcome of his two years at the India Office and based on the lectures he gave at the London School ofEconomics in 1911. The publication of the book coincided with Keynes' appointment as the secretary of the Royal Commission to examine Indian Finance and Currency, in 1913.

"The best English work on the gold exchange standard. Though the book of 1913 contains none of those characteristic propositions of the book of 1936 [General Theory] that have been felt to be so 'revolutionary,' the general attitude taken toward monetary phenomena and monetary policy by the Keynes of 1913 clearly foreshadowed that of the Keynes of the Treatise (1930)." (Schumpeter, Ten Great Economists, pp. 260-91).