Indian Currency and Finance: John Maynard Keynes’s Prismatic View of the International Monetary System
探讨凯恩斯为何一贯反对自由浮动汇率,并指出《印度货币与金融》一书揭示了他这一立场的起源与论据,对理解凯恩斯国际货币体系思想的发展至关重要。
John Maynard Keynes put forward a number of proposals to reshape the international monetary system. Although variegated, they do have one characteristic in common—the rejection of freely flexible exchange rates—which, in a sense, is like a prism refracting the different shades of his many reform plans. This is somewhat puzzling insofar as it clashes with Keynes’s call for activist monetary policy. Indian Currency and Finance sheds light on the origins and arguments underlying this peculiar feature and is accordingly most significant in the development of Keynes’s work on the international monetary system.