A Tract on Monetary Reform

This book, is devoted to the need for stable currency as the essential foundation of a healthy world economy. Describing the various effects of unstable currency on investors, business people, and wage earners, Keynes recommends the implementation of policies that aim at achieving stability of the commodity value of the dollar rather than the gold value. Keynes's brilliant, clear analysis of the world monetary situation at the beginning of the twentieth century, with his many suggestions and his masterful elucidation of economic principles, stands as a vital primer for anyone interested in developing a better understanding of basic economics and its sociopolitical implications.

JOHN MAYNARD KEYNES (1883-1946) was a British economist best known for his theories of Keynesian economics on protracted unemployment. He also wrote General Theory of Employment, Interest and Money (1936), The Economic Consequences of the Peace (1919), and The End of Laissez-Faire (1926).