337. J. M. Keynes to Harrod , 30 December 1933 [a]

[Follows on from 322 , continues at 343 ]

46, Gordon Square, Bloomsbury #

30 December 1933

My dear Roy,

As I rather anticipated, Beveridge has abandoned the attempt to review Pigou's book on Unemployment. [1] It may be that Macgregor [b] will have asked you to take his place. If so, I hope you can manage it. The purpose of this letter is to suggest that in this event you might make it into a review article and work in the points which you sent me some weeks back with a view to publication in the Journal. [2]

You will remember that at that time I was thinking of also printing a note of criticism myself. [3] On consideration, however, I am finding it impossible to make my points successfully without bringing in a quantity of my unpublished theorising, for which there would not be room, and which would be out of place in a brief note. So I am probably abandoning the idea. [4]

Yours ever,

J M Keynes

Roy Harrod Esq., Christ Church, Oxford.

  1. 1. See letter 320 , [jump to page] .

    2. Macgregor's letter, if it was ever written, was not found. Harrod, however, eventually wrote the review article as suggested: "Professor Pigou's Theory of Unemployment" ( 1934:1 ).

    3. Letters 320 , [jump to page] and 322 , [jump to page] .

    4. Keynes's comments on Pigou's Theory of Unemployment (1933) were eventually elaborated into the appendix to chapter 19 of the General Theory, 1936 (in Collected Writings, vol. VII, pp. 272-79).

    1. a. TLS with an autograph correction, one page, in HP II-37. Envelope addressed to Christ Church, but forwarded to 51 Campden Hill Square, London. Reproduced by kind permission of the Provost and Scholars, King's College, Cambridge.

      b. Ts: «MacGregor».


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