1.

Record Nr.

UNINA9910573824103321

Autore

Keynes John Maynard <1883-1946, >

Titolo

The collected writings of John Maynard Keynes . Volume 4 A tract on monetary reform [[electronic resource]]

Pubbl/distr/stampa

Cambridge : , : Cambridge University Press for the Royal Economic Society, , 2013

ISBN

1-139-52063-6

Edizione

[[New edition].]

Descrizione fisica

1 online resource (xxii, 172 pages) : digital, PDF file(s)

Collana

The collected writings of John Maynard Keynes

Disciplina

332.4/6

Soggetti

Money

Currency question

Foreign exchange

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from publisher's bibliographic system (viewed on 02 Oct 2015).

Sommario/riassunto

Once the urgent problems of reparations, which had deeply troubled Keynes at the Peace Conference at Versailles, were on their way towards solution, Keynes turned to the equally grave problems of the currencies of Europe and their adjustment to the post-war world. These issues had been discussed in the series of Reconstruction Supplements of the Manchester Guardian Commercial that he had edited during 1922. In the Tract Keynes drew heavily on his own contributions to that series. This edition makes available the variations between the texts. The Tract remains of interest in three respects. First, it shows the state of Keynes's thinking about monetary problems and the causes of inflation in the early 1920s. Second, it provides one of the clearest expositions ever written of the determination of forward exchange rates. Third, it shows Keynes already favouring flexible exchange rates as a means of allowing independence in national economic policy.