A Tract on Monetary Reform

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A Tract on Monetary Reform is an influential 1923 book by economist John Maynard Keynes that analyzes post–World War I inflation and advocates for pragmatic monetary policy and currency stabilization.

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Statements (44)

Predicate Object
instanceOf book
non-fiction book
advocates pragmatic monetary policy
price stability
stable exchange rates
author John Maynard Keynes
countryOfOrigin United Kingdom
criticizes deflationary policies
rigid adherence to the gold standard
field macroeconomics
monetary economics
focusesOn post–World War I inflation
genre economics literature
hasPart analysis of inflation as a form of taxation
discussion of internal versus external price stability
discussion of managed currency
policy recommendations for central banks
hasPerspective emphasis on policy flexibility
pragmatic approach to monetary institutions
historicalContext early 1920s inflation in Europe
post–World War I European reparations and debt
influenced Keynesian views on money
interwar monetary policy debates
influencedBy post–World War I European economic conditions
keyConcept active management of the currency
importance of expectations in monetary policy
inflation as a method of wealth redistribution
trade-off between domestic price stability and exchange rate stability
language English
mainSubject currency stabilization
inflation
monetary policy
post–World War I economy
notableFor analysis of the social consequences of inflation
early systematic treatment of monetary policy by Keynes
influence on later central banking practice
precedes The General Theory of Employment, Interest and Money
publicationYear 1923
relatedWork A Treatise on Money
The Economic Consequences of the Peace
targetAudience economists
policymakers
timePeriodDiscussed early 1920s
post–World War I era

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

John Maynard Keynes notableWork A Tract on Monetary Reform
A Treatise on Money precededBy A Tract on Monetary Reform