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A Treatise on Money

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]

References

it:Trattato sulla moneta






Source: Wikipedia | The above article is available under the GNU FDL. | Edit this article



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