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THE PRICE OF PEACE

MONEY, DEMOCRACY, AND THE LIFE OF JOHN MAYNARD KEYNES

An absorbing, thoroughly researched life of a singular thinker.

Awards & Accolades

Our Verdict

  • Our Verdict
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  • New York Times Bestseller


  • National Book Critics Circle Finalist

Making an impressive book debut, journalist Carter offers a sweeping, comprehensive biography of economist, political theorist, and statesman John Maynard Keynes (1883-1946), one of the most influential figures of his time.

As the author shows, Keynes’ prescription for staving off financial disaster led to an important government post for the duration of World War I. “Dispatched to summits all over the world, called to parliamentary debates in the House of Commons, and welcomed into the social circles of the British political elite,” Keynes became Great Britain’s top financial adviser. Carter ably traces the evolution of his thought: He became disillusioned with classical economic theory, which held that market forces always would result in stability, and he came to realize that imperialism promoted inequality rather than spreading humanitarian values. In 1919, he mounted a “devastating attack” on the Treaty of Versailles, predicting with chilling accuracy that the treaty “would march Europe to economic ruin, dictatorship, and war.” In his many economic treatises, Keynes tried to synthesize “the practical, risk-averse, anti-revolutionary conservatism” of Edmund Burke and “the radical democratic ideals advanced by Rousseau.” Although he became hugely wealthy and enjoyed the privileges of his class, at heart, Carter notes, Keynes was an idealist who tried “to democratize the trappings of ruling-class life.” In his personal life, Keynes was a sometimes admired, sometimes cattily dismissed member of the Bloomsbury group of artists and writers, counting among his friends Virginia and Leonard Woolf, Lytton Strachey, and Duncan Grant. He had many male lovers until he met, and married, the dazzling ballerina Lydia Lopokova. Assessing his subject’s legacy, Carter asserts that Keynesianism “is not so much a school of economic thought as a spirit of radical optimism” that “was for a time synonymous with liberal internationalism—the idea that shrewd, humane economic management could protect democracies from the siren songs of authoritarian demagogues and spread peace and prosperity around the globe.”

An absorbing, thoroughly researched life of a singular thinker.

Pub Date: May 19, 2020

ISBN: 978-0-525-50903-5

Page Count: 656

Publisher: Random House

Review Posted Online: Feb. 15, 2020

Kirkus Reviews Issue: March 15, 2020

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THE PURSUIT OF HAPPYNESS

FROM MEAN STREETS TO WALL STREET

Well-told and admonitory.

Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.

Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.

Well-told and admonitory.

Pub Date: June 1, 2006

ISBN: 0-06-074486-3

Page Count: 320

Publisher: Amistad/HarperCollins

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: March 15, 2006

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BLACK BOY

A RECORD OF CHILDHOOD AND YOUTH

This autobiography might almost be said to supply the roots to Wright's famous novel, Native Son.

It is a grim record, disturbing, the story of how — in one boy's life — the seeds of hate and distrust and race riots were planted. Wright was born to poverty and hardship in the deep south; his father deserted his mother, and circumstances and illness drove the little family from place to place, from degradation to degradation. And always, there was the thread of fear and hate and suspicion and discrimination — of white set against black — of black set against Jew — of intolerance. Driven to deceit, to dishonesty, ambition thwarted, motives impugned, Wright struggled against the tide, put by a tiny sum to move on, finally got to Chicago, and there — still against odds — pulled himself up, acquired some education through reading, allied himself with the Communists — only to be thrust out for non-conformity — and wrote continually. The whole tragedy of a race seems dramatized in this record; it is virtually unrelieved by any vestige of human tenderness, or humor; there are no bright spots. And yet it rings true. It is an unfinished story of a problem that has still to be met.

Perhaps this will force home unpalatable facts of a submerged minority, a problem far from being faced.

Pub Date: Feb. 28, 1945

ISBN: 0061130249

Page Count: 450

Publisher: N/A

Review Posted Online: Oct. 7, 2011

Kirkus Reviews Issue: Feb. 1, 1945

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