
A Tract on Monetary Reform (Annotated)
Enriched Edition. Inflation, Deflation, Gold Standard Critique, and the Foundations of Modern Monetary PolicyBy John Maynard KeynesLength7h 16m
About this audiobook
A Tract on Monetary Reform is Keynes's incisive 1923 intervention into the monetary disorders that followed the First World War. Combining economic analysis with elegant polemic, it examines inflation, deflation, exchange rates, and the instability of the gold standard, arguing that the primary aim of monetary policy should be domestic price stability rather than adherence to inherited financial orthodoxies. Its style is lucid, combative, and aphoristic, situated between classical political economy and the emerging macroeconomic revolution Keynes would later complete. John Maynard Keynes, already prominent through The Economic Consequences of the Peace, wrote from intimate experience of Treasury policy, wartime finance, and the flawed Versailles settlement. His practical knowledge of currency management and international payments shaped his impatience with automatic rules and moralistic economics. The book reflects a mind moving beyond Victorian certainties toward a managed monetary order responsive to employment, prices, and national economic conditions. This work is essential for readers seeking the foundations of modern monetary thought. Economists, historians, and politically engaged readers will find it a compact but profound argument against financial dogma and a brilliant prelude to Keynes's later transformation of economic theory.
This enriched edition has been carefully crafted to add value to your reading experience.
- A succinct Introduction situates the work's timeless appeal and themes.
- The Synopsis outlines the central plot, highlighting key developments without spoiling critical twists.
- A detailed Historical Context immerses you in the era's events and influences that shaped the writing.
- An Author Biography reveals milestones in the author's life, illuminating the personal insights behind the text.
- A thorough Analysis dissects symbols, motifs, and character arcs to unearth underlying meanings.
- Reflection questions prompt you to engage personally with the work's messages, connecting them to modern life.
- Hand‐picked Memorable Quotes shine a spotlight on moments of literary brilliance.
- Interactive footnotes clarify unusual references, historical allusions, and archaic phrases for an effortless, more informed read.
Audiobook details
GenreBusiness and Economics
Length7 hrs 16 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateDec 9, 2023
LanguageEnglish
Table of contents
1A Tract on Monetary Reform (Annotated)
15II. The Theory of Purchasing Power Parity.
2Introduction
16III. The Seasonal Fluctuation.
3Synopsis
17IV. The Forward Market in Exchanges.
4Historical Context
18CHAPTER IV ALTERNATIVE AIMS IN MONETARY POLICY
5Author Biography
19I. Devaluation versus Deflation .
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6PREFACE
20II. Stability of Prices versus Stability of Exchange .
7CHAPTER I THE CONSEQUENCES TO SOCIETY OF CHANGES IN THE VALUE OF MONEY
21III. The Restoration of a Gold Standard.
8I.— Changes in the Value of Money, as affecting Distribution
22CHAPTER V POSITIVE SUGGESTIONS FOR THE FUTURE REGULATION OF MONEY
9II.— Changes in the Value of Money, As affecting Production.
23I. Great Britain.
10CHAPTER II PUBLIC FINANCE AND CHANGES IN THE VALUE OF MONEY
24II. The United States.
11I. Inflation as a Method of Taxation
25III. Other Countries.
12II. Currency Depreciation versus Capital Levy
26Analysis
13CHAPTER III THE THEORY OF MONEY AND OF THE FOREIGN EXCHANGES
27Reflection
14I. The Quantity Theory of Money
28Memorable Quotes