KEYNES, John Maynard.

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How to Pay for the War. First edition, second impression. The copy has the bookplate of Robert Skidelsky (1939-2026), whose three-volume biography of Keynes, published from 1983 to 2000, is regarded as the definitive study of the economist's life and work.In How to Pay for the War, Keynes applies his General Theory to the wartime economy. "Apart from suggesting ways of adding greatly to the financial resources of the government, this inaugurated the idea of an iron ration at low, fixed prices of a list of necessities in lower-income budgets, with government subsidies if required. He proposed also to assist families with low incomes by introducing family allowances payable directly to the mother" (ODNB).The second impression was corrected from the first, which was issued in green boards a few months earlier.

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