The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Strachey, John (1901–1963)

  • David Burchell
Reference work entry


A popularizer of political and economic theory, expositor of marxism, and Labour politician. His early political career (cf. Strachey, 1925) was dominated by the influence of the underconsumptionist analyses (especially J.A. Hobson) then highly popular on the Labour left, and by the currency theory of the early Keynes – an association of some precocity. Strachey was the theoretical influence behind the ‘Mosley Memorandum’ of early 1931, which proffered a solution to the crisis based upon ‘national planning’, a public works programme and Empire Protectionism.

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  1. Thomas, H. 1973. John Strachey. London: Eyre Methuen.Google Scholar

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • David Burchell
    • 1
  1. 1.