Treatise on Money

"Treatise on Money" is a significant work by economist John Maynard Keynes, published in the 1930s, that explores the role of money in the economy. Keynes analyzes how money influences economic activity, employment, and overall prosperity. He argues that money is more than a medium of exchange; it also affects people’s spending habits and investment decisions. By examining the relationship between money supply and economic conditions, Keynes highlights the importance of government intervention to stabilize economies during downturns, laying the groundwork for modern macroeconomic policy and influencing how governments respond to economic crises.