Keynes begins his essay "The End of Laissez-Faire" in the version included in his Essays in Persuasion with the stirring passage:
I have always been disappointed that Keynes did not support this claim with logical argument, he simply stated it as fact and drew its implications for policy. Now I learn that the Essays in Persuasion version of the essay is just an excerpt from a longer essay that was published as a pamphlet by Hogarth Press in 1926. The passage above opens Part IV of the longer essay: Parts I-III provide a fascinating account of the history of laissez-faire and a more comprehensive practical and philosophical critique. I regret now having assigned the Essays in Persuasion version to my History of Thought students rather than the complete version. I also vow to track down the originals of every essay in Essays in Persuasion to see what else I've been missing lo these many years.*
* Of course I know already that Economic Consequences of the Peace and Tract on Monetary Reform are worth reading in their entirety. Over and over again!
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