Treatise on Money V2: The Applied Theory of Money (1930)

Treatise On Money V2: The Applied Theory Of Money (1930) is a book written by John Maynard Keynes, a renowned economist and one of the most influential figures in modern economic theory. This book is the second volume of his two-part series on the subject of money and its role in the economy.In this volume, Keynes presents his applied theory of money, which is based on his belief that the value of money is determined by the demand for it, rather than its supply. He argues that the quantity theory of money, which holds that the supply of money determines its value, is flawed and inadequate.Keynes also discusses the role of banks and the central bank in the economy, and how they can influence the supply and demand for money. He proposes several policy measures that can be used to stabilize the economy, including government intervention in the form of fiscal and monetary policies.The book is written in a clear and concise style, making it accessible to both economists and non-economists. It is a seminal work in the field of monetary economics and has had a significant impact on economic policy and theory.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.