Durable relevance of Keynes


Do you hear that? It’s the sound of the money printer whirring — trillions of dollars getting pumped into a collapsing economy, making the bailouts following the 2008 financial crisis look like small change.

The Price of Peace, Zachary D Carter’s outstanding new intellectual biography of John Maynard Keynes, offers a resonant guide to our current moment, even if he finished writing it in the time before Covid-19. It’s rare for a 600-page economic history to move swiftly along currents of lucidity and wit, and.....

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