< Back

Keynes, John Maynard.
A Tract on Monetary Reform.
Publisher: MacMillan and Co., Limited, London;
Date of Publication: 1924
Stock Code: 15159
First edition, second printing, after the first of 1923. Octavo, pp., [2] blank recto and publisher’s advertisement, viii, 209, [1] blank verso, [2] of publisher’s advertisements. Publisher’s original dark blue buckram, titled in gilt to spine, double fillets in blind to boards, in the original buff-coloured paper dust wrapper. Contemporary ownership inscription in ink of one ‘Douglas Side // 1924’ to front free end-paper; occasional underlining in pencil. Loss to centre and tips of spine-panel, nicks and chips to edges of upper panel. Corners bumped and rubbed, slight shelf-wear to spine-tip, binding strong and square. Contents clean. A very good copy in good like jacket. The second printing of Keynes’ intervention against the gold standard. Originally published in part as a series of articles in 1922 in the Manchester Commercial Guardian, Keynes made significant revisions and additions in 1923, published as this volume. The years after the Treaty of Versailles were a particularly unstable period for the global money supply, with the risk of hyperinflation demanding new instruments of monetary policy. In this book, Keynes proposed a series of novel measures to create a managed currency detached from the ‘barbarous’ gold standard. £350.00