A Treatise on Money

A Treatise on Money

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A Treatise on Money is a work on economics by English economist John Maynard Keynes
John Maynard Keynes
John Maynard Keynes, Baron Keynes of Tilton, CB FBA , was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, as well as the economic policies of governments...

. In the Treatise Keynes drew a distinction between savings and investment, arguing that where saving exceeded investment, recession would occur.