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Universal Man

by Richard Davenport-Hines

In Universal Man, noted biographer and historian Richard Davenport-Hines revives our understanding of John Maynard Keynes (1883-1946), the twentieth century's most charismatic and revolutionary economist. Keynes helped FDR launch the New Deal, saved Britain from financial crisis twice over the course of two World Wars, and instructed Western nations on how to protect themselves from revolutionary unrest, economic instability, high unemployment, and social dissolution. Isaiah Berlin called Keynes "the cleverest man I ever knew"--both "superior and intellectually awe-inspiring. " Eric Hobsbawm, the twentieth century's preeminent historian, considered him as influential as Lenin, Stalin, Roosevelt, Hitler, Churchill, Gandhi, and Mao. Keynes was nothing less than the Adam Smith of his time: his General Theory of Employment, Interest and Money, published in 1936, became the most important economics book of the twentieth century, as important as Smith's Wealth of Nations in inaugurating an economic era. Keynes's brilliant ideas made possible 35 years of prosperity after the Second World War, the most sustained period of rapid expansion in history. And now, and in the wake of the 2008 global economic collapse, he is once again shaping our world. Every day, we are likely to hear about "Keynesian economics" or the "Keynesian Revolution," terms that testify to his continuing influence on both economic theory and government policies. Indeed, with the thorough discrediting of his opponents--Friedrich Hayek, Milton Friedman, Alan Greenspan, and other supporters of the notion that capitalism is self-regulating, and needs no government intervention--nations across the world are turning to Keynes's signature innovations: above all that governments must involve themselves in their economies to stave off financial collapse. Previous biographies have explored Keynes economic thought at great length and often in the jargon of the discipline. Universal Man is the first accessible biography of Keynes, and reveals Keynes as much more than an economist. Like many Englishmen of his class and era, Keynes compartmentalized his life. Accordingly, Davenport-Hines views Keynes through multiple windows, as a youthful prodigy, a powerful government official, an influential public man, a bisexual living in the shadow of Oscar Wilde's persecution, a devotee of the arts, and an international statesman of great renown. Delving into Keynes's experiences and thought, Davenport-Hines shows us a man who was equally at ease socialising with the Bloomsbury Group as he was persuading heads of state to adopt his policies. Exploring the desires and experiences that compelled Keynes to innovate, Davenport-Hines is the first to argue that Keynesian economics has an aesthetic basis. In this book we come to understand not just the most enduringly influential economist of the modern era, but one of the most gifted and vital men of our times: a disciplined logician with a capacity for glee who persuaded people, seduced them, subverted old ideas, and installed new ones; a man whose high brilliance did not give people vertigo, but clarified and lengthened their perspectives. Engaging, learned, and sparkling with wit and insight, Universal Man is the perfect match for its subject.

Universal Man

by Richard Davenport-Hines

In Universal Man, noted biographer and historian Richard Davenport-Hines revives our understanding of John Maynard Keynes (1883-1946), the twentieth century's most charismatic and revolutionary economist. Keynes helped FDR launch the New Deal, saved Britain from financial crisis twice over the course of two World Wars, and instructed Western nations on how to protect themselves from revolutionary unrest, economic instability, high unemployment, and social dissolution. Isaiah Berlin called Keynes "the cleverest man I ever knew"--both "superior and intellectually awe-inspiring. " Eric Hobsbawm, the twentieth century's preeminent historian, considered him as influential as Lenin, Stalin, Roosevelt, Hitler, Churchill, Gandhi, and Mao. Keynes was nothing less than the Adam Smith of his time: his General Theory of Employment, Interest and Money, published in 1936, became the most important economics book of the twentieth century, as important as Smith's Wealth of Nations in inaugurating an economic era. Keynes's brilliant ideas made possible 35 years of prosperity after the Second World War, the most sustained period of rapid expansion in history. And now, and in the wake of the 2008 global economic collapse, he is once again shaping our world. Every day, we are likely to hear about "Keynesian economics" or the "Keynesian Revolution," terms that testify to his continuing influence on both economic theory and government policies. Indeed, with the thorough discrediting of his opponents--Friedrich Hayek, Milton Friedman, Alan Greenspan, and other supporters of the notion that capitalism is self-regulating, and needs no government intervention--nations across the world are turning to Keynes's signature innovations: above all that governments must involve themselves in their economies to stave off financial collapse. Previous biographies have explored Keynes economic thought at great length and often in the jargon of the discipline. Universal Man is the first accessible biography of Keynes, and reveals Keynes as much more than an economist. Like many Englishmen of his class and era, Keynes compartmentalized his life. Accordingly, Davenport-Hines views Keynes through multiple windows, as a youthful prodigy, a powerful government official, an influential public man, a bisexual living in the shadow of Oscar Wilde's persecution, a devotee of the arts, and an international statesman of great renown. Delving into Keynes's experiences and thought, Davenport-Hines shows us a man who was equally at ease socialising with the Bloomsbury Group as he was persuading heads of state to adopt his policies. Exploring the desires and experiences that compelled Keynes to innovate, Davenport-Hines is the first to argue that Keynesian economics has an aesthetic basis. In this book we come to understand not just the most enduringly influential economist of the modern era, but one of the most gifted and vital men of our times: a disciplined logician with a capacity for glee who persuaded people, seduced them, subverted old ideas, and installed new ones; a man whose high brilliance did not give people vertigo, but clarified and lengthened their perspectives. Engaging, learned, and sparkling with wit and insight, Universal Man is the perfect match for its subject.

Voyagers of the Titanic

by Richard Davenport-Hines

Late in the night of April 14, 1912, the mighty Titanic, a passenger liner traveling from Southampton, England, to New York City, struck an iceberg four hundred miles south of Newfoundland. Its sinking over the next two and a half hours brought the ship-mythological in name and size-one hundred years of infamy. Of the 2,240 people aboard the ship, 1,517 perished either by drowning or by freezing to death in the frigid North Atlantic waters. What followed the disaster was tantamount to a worldwide outpouring of grief: In New York, Paris, London, and other major cities, people lined the streets and crowded around the offices of the White Star Line, the Titanic's shipping company, to inquire for news of their loved ones and for details about the lives of some of the famous people of their time. While many accounts of the Titanic's voyage focus on the technical or mechanical aspects of why the ship sank, Voyagers of the Titanic follows the stories of the men, women, and children whose lives intersected on the vessel's fateful last day, covering the full range of first, second, and third class­-from plutocrats and captains of industry to cobblers and tailors looking for a better life in America. Richard Davenport-Hines delves into the fascinating lives of those who ate, drank, reveled, dreamed, and died aboard the mythic ship: from John Jacob Astor IV, the wealthiest person on board, whose comportment that night was subject to speculation and gossip for years after the event, to Archibald Butt, the much-beloved military aide to Theodore Roosevelt and William Taft, who died helping others into the Titanic's few lifeboats. With magnificent prose, Voyagers of the Titanic also brings to life the untold stories of the ship's middle and third classes-clergymen, teachers, hoteliers, engineers, shopkeepers, counterjumpers, and clerks-each of whom had a story that not only illuminates the fascinating ship but also the times in which it sailed. In addition, Davenport-Hines explores the fascinating politics behind the Titanic's creation, which involved larger-than-life figures such as J. P. Morgan, the ship's owner, and Lord Pirrie, the ship's builder. The memory of this tragedy still remains a part of the American psyche and Voyagers of the Titanic brings that clear night back to us with all of its drama and pathos.

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