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John Maynard Keynes

Born in Cambridge, England in 1883, John Maynard Keynes is widely considered to be one of the most renowned and recognized of all economists. He is oftentimes referred to as the father of modern macroeconomics, and his work, (usually groundbreaking as well as polemical in nature) was of such tremendous significance to the field of economics in general that there is a whole school of thought named after him. He theories are also known for the influence they have had on political thought, such as his support for policies of government intervention as seen through the employment of monetary and fiscal measures for the purpose of alleviating the detrimental effects of economic depressions, recessions and even booms.

Keynes made a name for himself through his work for the British government, especially after the First World War when he became an adviser to the British finance department and their envoy at the Versailles Peace Conference. He wrote the book The Economic Consequences of Peace about his disagreement with the conference’s discussion about German punitive reparation payments. This book, together with others such as his famous General Theory of Employment, Interest and Money were seminal and responsible for altering the path of economics.

Web Resources On John Maynard Keynes

Economics Encyclopedia: Keynes
Wikipedia: John Maynard Keynes

Book Resources On John Maynard Keynes

John Maynard Keynes: The Economist As Saviour by Robert Skidelsky
The General Theory of Employment, Interest, and Money by John Maynard Keynes

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