Keynes, John Maynard

(1883-1946)
   British economist John Maynard Keynes was one of the most influential figures in the history of economic theory and had a considerable impact on Franklin D. Roosevelt’s New Deal. Educated at Eton College and Cambridge University, Keynes worked for the British Treasury, was editor of the prestigious Economic Journal, and was present at the Versailles Peace Conference in 1918. His highly critical study of the peace settlement, particularly the reparations imposed on Germany, was published as The Economic Consequences of the Peace in 1919. In the 1920s, he taught at Cambridge University and published several significant works, including Treatise of Probability (1921), Tract of Monetary Reform (1923), and Treatise on Money (1930). His major work, however, was The General Theory of Employment, Interest, and Money (1936), which offers a damning critique of laissez faire economics and calls for government intervention to regulate the economy, particularly through investment and spending. Keynes wrote to Roosevelt on several occasions and visited the United States in 1934, when he met the president. However, while some of the principles expounded by Keynes were evident in the New Deal, Roosevelt was by no means a total convert. It was only during World War II that Keynesian economics were finally accepted. Keynes worked for the British Treasury during the war, and in 1940 he wrote How to Pay for the War. He was also present at the Bretton Woods Conference in 1944 and 1945. His influence on modern-day economics is still heavily debated.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

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  • Keynes,John Maynard — Keynes (kānz), John Maynard. First Baron of Tilton. 1883 1946. British economist who proposed that high unemployment, being a result of insufficient consumer spending, could be relieved by government sponsored programs. He also advocated deficit… …   Universalium

  • Keynes, John Maynard — ▪ British economist Introduction born June 5, 1883, Cambridge, Cambridgeshire, England died April 21, 1946, Firle, Sussex  English economist, journalist, and financier, best known for his economic theories ( Keynesian economics) on the causes of… …   Universalium

  • Keynes, John Maynard — (1883–1946) English economist and philosopher. Although primarily known as an economist, Keynes produced one philosophical classic, the Treatise on Probability (1921). This develops the theory of probability and confirmation theory on the basis… …   Philosophy dictionary

  • KEYNES, John Maynard — (1883 1946)    the most influential economist of his time whose revolution in economic theory led to the break with classical economics and the boom following the Second World War with the result that this era is often referred to as the… …   Concise dictionary of Religion

  • Keynes, John Maynard, Baron Keynes of Tilton — born June 5, 1883, Cambridge, Cambridgeshire, Eng. died April 21, 1946, Firle, Sussex British economist, known for his revolutionary theories on the causes of prolonged unemployment. The son of the distinguished economist John Neville Keynes… …   Universalium

  • Keynes, John Maynard, barón Keynes de Tilton — (5 jun. 1883, Cambridge, Cambridgeshire, Inglaterra–21 abr. 1946, Firle, Sussex). Economista británico, conocido por sus revolucionarias teorías sobre las causas del desempleo prolongado. Hijo del distinguido economista John Neville Keynes (n.… …   Enciclopedia Universal

  • John Maynard Keynes — Keynes redirects here. For other uses, see Keynes (disambiguation). John Maynard Keynes Keynesian economics John Maynard Keynes Born …   Wikipedia

  • John Maynard Keynes — Keynes en 1946. Nombre …   Wikipedia Español

  • John Maynard Keynes — (1946) John Maynard Keynes, Baron Keynes [keɪnz] (* 5. Juni 1883 in Cambridge; † 21. April 1946 in Tilton, Firle, East Sussex) war ein britischer Ökonom, P …   Deutsch Wikipedia

  • John Maynard Keynes — « Keynes » redirige ici. Pour les autres significations, voir Keynes (homonymie). John Maynard Keynes John Maynard Keynes (à droite) avec le peintre Duncan Grant …   Wikipédia en Français

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