Monday, October 26, 2020

John Maynard Keynes

 Who was John Maynard Keynes?


John Maynard Keynes was an early 20th-century British economist, known as the father of Keynesian economics. His theories of Keynesian economics addressed, among other things, the causes of long-term unemployment. In a paper titled "The General Theory of Employment, Interest and Money," Keynes became an outspoken proponent of full employment and government intervention as a way to stop economic recession. His career spanned academic roles and government service.  ....  Source: https://www.investopedia.com/terms/j/john_maynard_keynes.asp 

 

John Maynard Keynes, (born June 5, 1883, CambridgeCambridgeshire, England—died April 21, 1946, Firle, Sussex), English economist, journalist, and financier, best known for his economic theories (Keynesian economics) on the causes of prolonged unemployment. His most important workThe General Theory of Employment, Interest and Money (1935–36), advocated a remedy for economic recession based on a government-sponsored policy of full employment. .... Source: https://www.britannica.com/biography/John-Maynard-Keynes 

 

So influential was John Maynard Keynes in the middle third of the twentieth century that an entire school of modern thought bears his name. Many of his ideas were revolutionary; almost all were controversial. Keynesian economics serves as a sort of yardstick that can define virtually all economists who came after him. ... Source: https://www.econlib.org/library/Enc/bios/Keynes.html 

 


1 comment:

  1. Keynesian economics serves as a sort of yardstick that can define virtually all economists who came after him.
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