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A Tract on Monetary Reform.

A Tract on Monetary Reform.

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A Tract on Monetary Reform.

by KEYNES, John Maynard

  • Used
  • Hardcover
  • first
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About This Item

London: Macmillan and Co, Limited,, 1923. First edition, first impression, of Keynes's influential examination of currency and economic stability. The work developed from a series of articles published in 1922 in the Manchester Guardian Commercial. The Tract contains "some novel ideas, such as estimating the value as 'an inflation tax' of the levy exacted on all other holders of cash by a government inflating the currency, or the theory of interest parity in the market for forward exchange. The proposals he put forward were certainly novel. Keynes developed the case for a managed currency in place of the gold standard, which he dismissed as 'a barbarous relic'" (ODNB). These proposals exerted a surprising influence on the nascent monetary economists of the 1960s and 70s - in spite of their broader opposition to Keynesian macroeconomics. Octavo. Original blue cloth, spine lettered and ruled in gilt, covers ruled in blind. Tables in the text, leaf of publisher's advertisements at rear. Light rubbing, faint toning to spine, minor foxing to endpapers and edges: a very good copy. Mattioli 1845; Moggridge A 5.1.

Synopsis

John Maynard Keynes (1883-1946) was the most influential economist of the first half of the twentieth century. During both world wars he was an adviser to the British treasury, and his theory of government stimulation of the economy through deficit spending influenced Franklin D. Roosevelt's "New Deal" administration. The mass unemployment caused by the Great Depression inspired his two most famous works, A Treatise on Money and General Theory of Employment, Interest and Money.

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Details

Bookseller
Peter Harrington GB (GB)
Bookseller's Inventory #
170419
Title
A Tract on Monetary Reform.
Author
KEYNES, John Maynard
Book Condition
Used
Binding
Hardcover
Place of Publication
London: Macmillan and Co, Limited,
Date Published
1923

Terms of Sale

Peter Harrington

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About the Seller

Peter Harrington

Seller rating:
This seller has earned a 5 of 5 Stars rating from Biblio customers.
Biblio member since 2006
London

About Peter Harrington

Since its establishment, Peter Harrington has specialised in sourcing, selling and buying the finest quality original first editions, signed, rare and antiquarian books, fine bindings and library sets. Peter Harrington first began selling rare books from the Chelsea Antiques Market on London's King's Road. For the past twenty years the business has been run by Pom Harrington, Peter's son.

Glossary

Some terminology that may be used in this description includes:

Gilt
The decorative application of gold or gold coloring to a portion of a book on the spine, edges of the text block, or an inlay in...
First Edition
In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...
Octavo
Another of the terms referring to page or book size, octavo refers to a standard printer's sheet folded four times, producing...
Cloth
"Cloth-bound" generally refers to a hardcover book with cloth covering the outside of the book covers. The cloth is stretched...
Rubbing
Abrasion or wear to the surface. Usually used in reference to a book's boards or dust-jacket.
Spine
The outer portion of a book which covers the actual binding. The spine usually faces outward when a book is placed on a shelf....

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