As stated in his college obituary, the book's publication on the eve of war "gave rise to some misunderstanding of his own position, in spite of a clear disclaimer in the preface of sympathy with the political tenets of National Socialism".
[2] Any ensuing unpopularity was eventually forgotten, however, and Guillebaud's subsequent reputation for intellectual honesty and willingness to state uncomfortable truths rested at least partly on the merits of this work.
[7] During the war, Guillebaud published a slim volume on social policy in Nazi Germany, and after it he took on the role of editing the Cambridge Economic Handbooks following the death of Maynard Keynes.
[2] It was in this latter capacity that he attracted some approving press attention: The Times, in a short summary of his career, referred to him as a man of "humility, patience and good humour", with the ability to "withdraw and consider the problem from a scholarly distance.
"[8] Such academic objectivity led him to conclude – perhaps surprisingly to those who considered him an 'Establishment' figure – that the railwaymen had "genuine grounds for complaint" about their wages, supporting a rise of 5 per cent with the scope for a still higher increase.
[7][9] Guillebaud's last public role, in 1967, was as the author of an economic survey on the economy of the Falkland Islands, which led him to move to Stanley for a month at the request of Governor Haskard.
He made many recommendations, advocating (amongst other things) an expansion of the numbers of cattle kept on sheep farms, an increase in profits taxation, and wide-reaching improvements in education provision at both primary and secondary level.