Indian Currency and Finance - Couverture souple

Keynes, John Maynard

Couverture souple

ISBN 10 : 1596057408 ISBN 13 : 9781596057401

Editeur : Cosimo Classics, 2006

Synopsis

Published in 1913, this is the first book from the renowned economist, and demonstrates the beginnings of the philosophies of macroeconomics and government intervention into economic matters that would characterize his later work. Here, Keynes discusses... . how changing from a silver to a gold standard impacted the Indian economy . a brief history of the gold standard . some surprising differences between coins and paper currency . governmental policies regarding reserves and cash balances . the strengths and weaknesses of the Indian banking system . and more. British economist JOHN MAYNARD KEYNES (1883-1946) also wrote The Economic Consequences of the Peace (1919), The End of Laissez-Faire (1926), The Means to Prosperity (1933), and General Theory of Employment, Interest and Money (1936). ALSO FROM COSIMO: Keynes's A Treatise on Probability and The Economic Consequences of Peace

A propos du livre

Présentation de l'éditeur

When Keynes graduated from King’s College, Cambridge, in 1905, he took up a career in the civil service. In October 1906 at age 23, he started work as a clerk in the India Office. He enjoyed his work at first, but by 1908 had become bored and resigned his position to return to Cambridge and work on probability, at first privately funded only by two Dons at the university – his father and the economist Arthur Pigou. In 1909 Keynes published his first professional economics article in the Economics Journal, about the effect of a recent global economic downturn on India. Also in 1909, Keynes accepted a lectureship in economics funded personally by Alfred Marshall. Keynes's earnings rose further as he began to take on pupils for private tuition, and on being elected a fellow. In 1911 Keynes was made editor of the Economic Journal. By 1913 he had published his first book, Indian Currency and Finance. He was then appointed to the Royal Commission on Indian Currency and Finance – the same topic as his book – where Keynes showed considerable talent at applying economic theory to practical problems. The book is a 170-page “memorandum of complete grasp and mastery” narrating the early days of modern British and European, and, of course, Indian banking with maxims that apply to the Global Financial Crisis today, the year 2011 A.D.: “Everyone is reckoning in a crisis on everyone else.” “It is not the business of Government to hold any of the reserves the bankers ought to hold.” “The project [of a State Bank finally established on July 1, 1955] was smothered in the empty maxims of political wisdom.” “Intelligent amateurs who begin with the timidity of ignorance and leave office just when they are becoming properly secure of their ground”... running “one comic opera bank.” “The situation in its fundamentals has arisen before, so long as the relations of the House of Commons to India combine in a high degree responsibility and ignorance.”

Présentation de l'éditeur

This book was originally published prior to 1923, and represents a reproduction of an important historical work, maintaining the same format as the original work. While some publishers have opted to apply OCR (optical character recognition) technology to the process, we believe this leads to sub-optimal results (frequent typographical errors, strange characters and confusing formatting) and does not adequately preserve the historical character of the original artifact. We believe this work is culturally important in its original archival form. While we strive to adequately clean and digitally enhance the original work, there are occasionally instances where imperfections such as blurred or missing pages, poor pictures or errant marks may have been introduced due to either the quality of the original work or the scanning process itself. Despite these occasional imperfections, we have brought it back into print as part of our ongoing global book preservation commitment, providing customers with access to the best possible historical reprints. We appreciate your understanding of these occasional imperfections, and sincerely hope you enjoy seeing the book in a format as close as possible to that intended by the original publisher.

Détails de l'édition

• Éditeur: Cosimo Classics
• Date d'édition: 2006
• Langue: anglais
• ISBN 10: 1596057408
• ISBN 13: 9781596057401
• Reliure: Broché
• Nombre de pages: 196
• Coordonnées du fabricant: Buchpark GmbH; https://www.buchpark.de; ; Krügerweg 1; Trebbin; Brandenburg; 14959; Allemagne