285R. J. M. Keynes to Harrod, 25 February 1933 [a]

Keynes is glad that Harrod is collecting signatures for a collective letter to The Times. He announces that his articles on "The Means to Prosperity" are forthcoming, and suggests that whatever piece appears later could refer to the other. [1] Answered by 287 R.

  1. 1. Harrod's letter ("More Money in Circulation", 1933:1 , press item 5 ; see in particular note 1 for context) appeared first, and in his first article Keynes expressed his "strong support" for the suggestion that "the next budget should be divided into two parts, one of which shall include those items of expenditure which it would be proper to treat as loan-expenditure in the present circumstances" ("The Means to Prosperity. 1. An Argument for Action. Employment and the Budget", The Times, 13 March 1933, p. 16). When the articles were re-published in pamphlet form, the reference to the "recent letter to The Times from a number of economists" was dropped (The Means to Prosperity, London: Macmillan, 1933, p. 15; in The Collected Writings of John Maynard Keynes, vol. IX, p. 348n).
    1. a. From King's College, Cambridge # , one page TLS, in HP II-30, CcI in JMK A/33/1/127. Cited by kind permission of the Provost and Scholars, King's College, Cambridge.


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