A Tract on Monetary Reform
- Language
- EN
- Format
- EPUB
- Size
- 907 KB
Description
"A Tract on Monetary Reform" by John Maynard Keynes is a book published in 1923. Writing during post-World War I monetary instability, Keynes argues that countries should prioritize domestic price stability over fixed exchange rates. He critiques the gold standard as a "barbarous relic" and proposes managed monetary policy using interest rates and banking reserves. Rather than freely floating currencies, he advocates for a "crawling peg" system where exchange rates adjust gradually—a middle path between rigid and floating regimes. (This is an automatically generated summary.)
FAQ
Is "A Tract on Monetary Reform" free to download?
Yes, it is free to download — no sign up needed.
What format is the file?
EPUB.
More by John Maynard Keynes
Similar books
Reader reviews Be the first
No reviews yet. Be the first to review this book.
Write a review
Protected by reCAPTCHA.