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Examining the interplay between unemployment, money, and prices, this work presents Keynes' foundational theories on economic behavior. Originally published in two volumes, it is now available in a single volume format, retaining the original text. A key concept discussed is the imbalance between savings and investments, particularly when high interest rates discourage spending, leading to increased unemployment. This reprint offers a comprehensive view of Keynes' insights into monetary theory and its practical implications for the economy.
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A Treatise on Money, John Maynard Keynes
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- Publicado en
- 2011
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