[1st ed] The End of Laissez-Faire

First edition of this formative and influential John Maynard Keynes essay, basically a brief (and favorable) historical review of laissez-faire economic policy, but landing on the suggestion that the government can play a constructive role in ameliorating the worst harms of business cycles, especially in regard to unemployment, and so an important stepping stone in the Keynsian Revolution and its exploration of the idea of a managed economy. Published in 1926 by Leonard and Virginia Woolf at the Hogarth Press in London. Small 8vo, 54 pages, paper covered boards with green back strip and paper spine label. Bumping and damp staining to boards. Staining to cloth spine; chipping to paper title. Contents bright and clean.