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JOHN MAYNARD KEYNES

VOL. III, FIGHTING FOR FREEDOM, 1937-1946

It’s no easy task to write a readable history of the WWII years leaving out all battles and concentrating on how the bill...

Final volume in the definitive biography (following The Economist as Savior, 1920–1937, 1994, etc.) of the brilliant British economist.

Keynes (1883–1946) may or may not have been the greatest economist of the last century, but he was certainly the most influential. Moving easily in academic, literary, business, and political circles, he was merely an unpaid advisor to the Treasury (albeit with his own office) during the 1930s and ’40s, yet no British politician could ignore him. Rejecting Marxism and socialism, he also dismissed much of classical economics. Many of his ideas outraged traditional economists. He taught that efforts at a balanced budget made no sense. He advocated generous government spending during slumps but frugality in boom times. Skidelsky (Political Economy/Warwick Univ.) begins the present volume with Keynes at the peak of his influence in 1937. This was partly due to the power of his ideas but also because he advocated programs politicians were eager to follow for other reasons (it was, after all, the Depression). Almost immediately he was caught up in the preparations and financing of WWII. Keynes’s advice ensured that Britain’s enormous war budget did not produce the damaging inflation that occurred during WWI. In addition, he advocated a postwar monetary system that avoided the chaotic currency swings that stifled trade and aggravated economic cycles between the wars. Negotiating with the US, he was forced to compromise, but the successful Bretton Woods agreement contained many of his ideas. His greatest failure was America’s 1945 refusal of a massive grant to revive England’s crippled economy. Readers accustomed to the History Channel view of the two allies as blood brothers will be surprised to learn how aggressively US leaders strove to eliminate Britain’s empire and economic influence.

It’s no easy task to write a readable history of the WWII years leaving out all battles and concentrating on how the bill was paid, but Skidelsky succeeds superbly.

Pub Date: Dec. 3, 2001

ISBN: 0-670-03022-8

Page Count: 576

Publisher: Viking

Review Posted Online: June 24, 2010

Kirkus Reviews Issue: Oct. 1, 2001

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NUTCRACKER

This is not the Nutcracker sweet, as passed on by Tchaikovsky and Marius Petipa. No, this is the original Hoffmann tale of 1816, in which the froth of Christmas revelry occasionally parts to let the dark underside of childhood fantasies and fears peek through. The boundaries between dream and reality fade, just as Godfather Drosselmeier, the Nutcracker's creator, is seen as alternately sinister and jolly. And Italian artist Roberto Innocenti gives an errily realistic air to Marie's dreams, in richly detailed illustrations touched by a mysterious light. A beautiful version of this classic tale, which will captivate adults and children alike. (Nutcracker; $35.00; Oct. 28, 1996; 136 pp.; 0-15-100227-4)

Pub Date: Oct. 28, 1996

ISBN: 0-15-100227-4

Page Count: 136

Publisher: Harcourt

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Aug. 15, 1996

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TO THE ONE I LOVE THE BEST

EPISODES FROM THE LIFE OF LADY MENDL (ELSIE DE WOLFE)

An extravaganza in Bemelmans' inimitable vein, but written almost dead pan, with sly, amusing, sometimes biting undertones, breaking through. For Bemelmans was "the man who came to cocktails". And his hostess was Lady Mendl (Elsie de Wolfe), arbiter of American decorating taste over a generation. Lady Mendl was an incredible person,- self-made in proper American tradition on the one hand, for she had been haunted by the poverty of her childhood, and the years of struggle up from its ugliness,- until she became synonymous with the exotic, exquisite, worshipper at beauty's whrine. Bemelmans draws a portrait in extremes, through apt descriptions, through hilarious anecdote, through surprisingly sympathetic and understanding bits of appreciation. The scene shifts from Hollywood to the home she loved the best in Versailles. One meets in passing a vast roster of famous figures of the international and artistic set. And always one feels Bemelmans, slightly offstage, observing, recording, commenting, illustrated.

Pub Date: Feb. 23, 1955

ISBN: 0670717797

Page Count: -

Publisher: Viking

Review Posted Online: Oct. 25, 2011

Kirkus Reviews Issue: Feb. 1, 1955

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