A page-turning biography of world-changing economist John Maynard Keynes and the big ideas that outlived him.
Zachary D. Carter is a senior reporter at HuffPost, where he covers Congress, the White House, and economic policy. He is a frequent guest on cable news and news radio, and his written work has also appeared in The New Republic, The Nation, and The American Prospect, among other outlets. His story, "Swiped- Banks, Merchants and Why Washington Doesn't Work for You" was included in the Columbia Journalism Review's compilation Best Business Writing. He lives in Brooklyn, New York.
“Zachary D. Carter has given us an important, resonant, and
memorable portrait of one of the chief architects of the world
we’ve known, and know still. As Richard Nixon observed, we’re all
Keynesians now—even if we don’t realize it. Carter’s powerful book
will surely fix that.”—Jon Meacham, Pulitzer Prize–winning author
of The Hope of Glory
“A brilliantly wrought, beautifully written life of one of the
most captivating intellects of the twentieth century.”—Liaquat
Ahamed, author of Lords of Finance
“The Price of Peace is a towering achievement. Carter blends a
nuanced and sophisticated financial history of the twentieth
century with the intimate personal drama and political upheaval of
an epic novel. . . . A masterful biography of a unique and complex
social thinker.”—Stephanie Kelton, author of The Deficit Myth
“With an eye for the apt phrase and the telling detail, Zachary D.
Carter has written a thoughtful and sweeping biography of Keynes
and his ideas, extending through the twentieth century and into our
own time. Carter gives life to the effortless brilliance, frank
appetites, and ethical commitments that made Keynes and
Keynesianism so immensely consequential in philosophy, art, money,
politics, letters, and war. The Price of Peace is a terrific book
about a fascinating character.”—Eric Rauchway, author of Winter
War
“A spectacular new biography that paints a rich and textured
portrait of the great economist and locates his ideas within the
broad sweep of economic and intellectual history . . . With his
first book, Carter establishes himself as the rare writer who can
weave compelling narrative, insightful analysis and explication of
complex phenomena in prose that is accessible, elegant, almost
lyrical at times. The Price of Peace should be required
reading for every economics major and anyone who struggles to
understand the interplay of money, markets and economic
policy.”—The Washington Post
“Making an impressive book debut, journalist Carter offers a
sweeping, comprehensive biography of economist, political theorist,
and statesman John Maynard Keynes (1883–1946), one of most
influential figures of his time. . . . An absorbing, thoroughly
researched life of a singular thinker.”—Kirkus Reviews (starred
review)
“Although British economist [John Maynard] Keynes is mostly
remembered for the theory that bears his name, in his first book,
journalist [Zachary D.] Carter reveals that his ideas have far more
to offer to today’s world of rickety economies and creeping
authoritarianism. . . . In this sweeping intellectual biography,
Carter traces Keynes’ career from his first forays into public
policy during WWI, through the bumpy 1920s and the Great
Depression, to its end in the behind-the-scenes negotiations of
WWII. He vividly describes Keynes’ world, which encompassed both
European realpolitik and the Bloomsbury Group, and illustrates how
his academic, cultural, and political activities influenced his
ideas. . . . Carter’s timely study is highly recommended.”—Booklist
(starred review)
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