Indian Currency and Finance

Published in 1913, 'Indian Currency and Finance' is John Maynard Keynes's first book, providing a thorough economic analysis of India's currency system during a pivotal transition from a silver-based to a gold-exchange standard. The work examines the historical context, government policies, and banking mechanisms that shaped the Indian economy, detailing the implications of these changes. Keynes critiques past currency policies and discusses the strengths and weaknesses of the Indian banking system, laying the groundwork for his later economic philosophies regarding government intervention.