The ideas of John Maynard Keynes inspired the New Deal and
helped rebuild world economies after World War II -and were later
dismissed as "depression economics." Then came the great meltdown
of 2008. Market forces that the world relied on suddenly failed to
self-correct-and Keynes's doctrine of corrective action in an
imperfect world became more relevant than ever.
Keynes was not a traditional economist: He was a polemicist,
iconoclastic public intellectual, peer of the realm, and political
operative, as well as an openly homosexual Bohemian who befriended
Virginia Woolf and E. M. Forster. In Keynes, noted
historian Peter Clarke provides a timely and masterful accounting
of Keynes's life and work, bringing his genius and skepticism alive
for an era fraught with economic difficulties that he surely would
have relished solving.