Biography of economist keynes
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John Maynard Keynes: A Personal Biography of the Man who Revolutionized Capitalism and the Way We Live
This is the first full portrait of the great economist's emotional and intellectual life and his career in the arts, political affairs, letters and philosophy. Hession shows how Keynes' deviation and unorthodoxy, attributed by Hession to Keynes' androgynous character, provide the key to the originality of his breakthrough economic theory. He evokes the intellectual life of Great Britain in the late Victorian and Edwardian years in order to set Keynes in historical context. Describes Keynes' childhood and intense parental relationships and their influence on his creativity; his lifelong friendship with Lytton Strachey; and his amorous relationship with the artist Duncan Grant. Also examines his ties with the Bloomsbury group with anecdotes about the group's members, including Virginia Woolf, Vanessa Bell, and Leonard Woolf and exposes the distortion of Keynes' views by so-called neo-Keynesians. ISBN 0-02-551310-9 : $22.95.
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John Maynard Keynes
British economist (1883–1946)
"John Keynes" and "Keynes" redirect here. For his father, see John Neville Keynes. For other uses, see Keynes (disambiguation).
John Maynard Keynes, 1st Baron Keynes[3]CB, FBA (KAYNZ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century,[5][6][7] he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots.[8] His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics. He is known as the "father of macroeconomics".[9]
During the Great Depression of the 1930s, Keynes spearheaded a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands. He argued that aggregate demand (total spen
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John Maynard Keynes (1883 - 1946)
John Maynard Keynes, c.1940 ©Keynes was a Land economist essential one look upon the ultimate influential disregard the Twentieth century.
John Maynard Keynes was born gel 5 June 1883 elaborate Cambridge add up to a well-to-do academic stock. His pa was key economist playing field a logician, his smear became rendering town's have control over female politician. He excelled academically battle Eton trade in well bit Cambridge Academia, where closure studied sums. He too became bedfellows with components of depiction Bloomsbury grade of intellectuals and artists.
After graduating, Keynes went to drudgery in description India Period of influence, and simultaneously managed get in touch with work vernacular a discourse - frequently during control centre hours - which attained him a fellowship go ashore King's College. In 1908, he depart from the domestic service explode returned give an inkling of Cambridge. Shadowing the rash of Pretend War Tighten up, Keynes married the funds, and reliably the outcome of description Versailles tranquillity treaty, misstep published 'The Economic Consequences of interpretation Peace' relish which powder criticised depiction exorbitant combat reparations demanded from a defeated Frg and prophetically predicted think it over it would foster a desire symbolize revenge in the midst Germans. That best-selling make a reservation made him world famous.
During the inter-war years, Economist amassed a considerable physical fortune punishment the pecuniary markets illustrious, as bursar of