A Treatise on Money | |
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Author(s) | John Maynard Keynes |
Country | United Kingdom |
Language | English |
Genre(s) | Nonfiction |
Publication date | 1930 |
ISBN | 9780404150006 |
A Treatise on Money is a work on economics by English economist John Maynard Keynes. In the Treatise Keynes drew a distinction between savings and investment, arguing that where saving exceeded investment, recession would occur. Thus, Keynes reasoned that during a depression the best course of action would be to promote spending and to discourage saving.[1]