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A treatise on money
Book • 1930
A Treatise on Money, published in 1930, is a seminal work by John Maynard Keynes that delves into the intricacies of monetary theory.
It emphasizes the distinction between savings and investment, arguing that economic downturns occur when savings exceed investment.
Keynes also discusses the importance of promoting spending over saving during depressions.
The work laid foundational ideas for his later masterpiece, The General Theory of Employment, Interest and Money.
It emphasizes the distinction between savings and investment, arguing that economic downturns occur when savings exceed investment.
Keynes also discusses the importance of promoting spending over saving during depressions.
The work laid foundational ideas for his later masterpiece, The General Theory of Employment, Interest and Money.
