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The Price of Peace Reviews

The Price of Peace by Zachary Carter

Price of Peace

Money, Democracy, and the Life of John Maynard Keynes

Zachary Carter

Score pending

1 review

Category: Non-fiction
Imprint: Random House USA Inc
Publisher: Random House USA Inc
Publication date: 1 Jun 2020
ISBN: 9780525509035
  • The ObserverBook of the Week
4 stars out of 5
Peter Conrad
14 Jun 2020

"A persuasive new biography"

I’m dubious about Carter’s claim that Keynes’s Economic Consequences of the Peace deserves to be ranked with Strachey’s Eminent Victorians and Eliot’s The Waste Land as a modernist masterpiece; he does a better job of presenting the economist as an artist manqué when he suggests that Keynes saw money as “something illusory” – a fiction, or what linguists call a floating signifier. Keynes daringly acknowledged his reliance on artifice by describing economic policy as “a meaningless ritual”, a trick to ensure that we continue spending the abstract, notional contents of our wallets.