by John Maynard Keynes (Author)"The long run is a misleading guide to current affairs. In the long run we are... Read more
SKU: 9781646793365
Barcode: 9781646793365
$27.34 Excl. VAT
Available on working days between 9:00 am to 6:00 pm
by John Maynard Keynes (Author)
"The long run is a misleading guide to current affairs. In the long run we are all dead."
-John Maynard Keynes, A Tract on Monetary Reform (1923)
A Tract on Monetary Reform (1923), by British economist John Maynard Keynes, is a masterly analysis of the world monetary situation at the beginning of the twentieth century. Keynes stated the importance of stable domestic prices and a stable currency for a strong economy, while arguing against the gold standard, which at that time was used for the US dollar and many other currencies. Britain abandoned the gold standard in 1931-after it had re-established it in 1925-and the United States abandoned the gold standard in 1933.
A Tract on Monetary Reform is essential reading for anyone interested in Keynes' theories and for students of economics or economic history.