Biography of an Idea

Placing it in the context of his era, Felix examines the evolution of Keynes' theorizing. He boldly claims that The General Theory lacks logical and factual support as pure theory, but is an achievement of great statesmanship in political economy. This book devotes four chapters to an analysis of The General Theory and an examination of the economic logic of Keynes. Felix shows how Keynes shaped his economic model as he did as an effort to win public support for sensible policies that clashed with generally accepted beliefs of the time.

David Felix is professor emeritus of history in the City University of New York. His research interests include the history of ideas, economic history, and biography. He is the author of Biography of an Idea: John Maynard Keynes and the General Theory of Employment, Interest and Money, Keynes: A Critical Life, Marx as Politician, and other works.