"A Tract on Monetary Reform" by John Maynard Keynes is a book examining the serious effects of unstable money on society. It explains how money’s changing value can mess up how wealth is spread and how things are made. The writing points out who’s affected by inflation and deflation, like investors, businesses, and workers, showing it's a difficult problem with winners and losers. Ultimately, the core of the story pushes for better control of money to protect society from inequality and to keep production steady when there is economic chaos.
A Tract on Monetary Reform
By John Maynard Keynes
Discover the hidden power of money and how its ups and downs create winners and losers in the game of wealth.
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2021-05-08
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About the AuthorJohn Maynard Keynes, 1st Baron Keynes, was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics. He is known as the "father of macroeconomics".
John Maynard Keynes, 1st Baron Keynes, was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics. He is known as the "father of macroeconomics".
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