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3.2 The Treatise on Money Keynes had introduced the theoretical chapter 3 of the Tract on Monetary Reform stating that “part of this chapter raise, unavoidably, matters of much greater difficulty to the layman than to the rest of the book. The reader whose interest in the theoretical foundations is secondary can pass on” (CW 4: 61).
Explore the classic work of John Maynard Keynes on the theory and history of money, its role in the economy and society, and its implications for policy. A Treatise on Money, a two-volume masterpiece by the influential economist.
I examine John Maynard Keynes’ struggle with the doctrine of the classical forced saving during the period 1924-1936 from when he worked on 'A Treatise on Money' to the completion of his 'General Theory'. The forced saving notion has been developed as a key mechanism of how monetary expansion results in wealth redistribution and change in production in the classical school.
John Maynard Keynes. John Maynard Keynes, 1st Baron Keynes, CB, FBA (/ˈkeɪnz/ KAYNZ; 5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of modern macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles ...
Treatise On Money, V2: The Applied Theory Of Money is a book written by the renowned economist John Maynard Keynes. It is the second volume of his treatise on money, which was first published in 1930. The book is a comprehensive analysis of the role of money in modern economies and is considered one of the most influential works in the field of economics.In this book, Keynes presents his ...
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