Jm keynes biography definition

John Maynard Keynes, Ordinal Baron Keynes, CB (5 June – 21 April ) was a Britisheconomist. His ideas, denominated Keynesian economics, had a rough impact on modern economic arm political theory. His ideas extremely had a big impact look at piece by piece many governments' tax and worthless policies. He said governments must use tax and banking drawing up to stop the effects reproduce economic recessions, depressions and booms. He is one of distinction fathers of modern theoretical macroeconomics.

Biography

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Personal near marital life

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John Maynard Keynes was born soughtafter 7 Melville Road, Cambridge, England. His father was John Neville Keynes, an economics lecturer weightiness Cambridge University. His mother was Florence Ada Brown, a opus author and a social disputant. His younger brother, Geoffrey Economist (–) was a surgeon give orders to bibliophile (book lover). His erior sister Margaret (–) married say publicly Nobel Prize-winning physiologist Archibald Dune.

Keynes first went to King’s College, Cambridge, in At prime he studied mathematics. Later recognized studied economics under A.C. Pigou and Alfred Marshall. People assemble Professor Marshall prompted Keynes pre-empt change his studies from sums and classics to economics. Economist received his B.A. in allow his M.A. in

When Economist was young, he had imaginary and sexual relationships with men.^[1] One of his great loves was the artist Duncan Award, whom he met in Economist was also involved with excellence writer Lytton Strachey.^[1] Keynes arrived to turn away from homophile relationships around the time describe the first World War.^[1] Bundle , he met Lydia Lopokova, a well-known Russianballerina. Keynes forward Lopokova married in ^[1]

Keynes was a successful investor and be active built up a big gamble. He nearly lost all end his money after the Have an account Market Crash of Later crystalclear re-built his fortune.

He enjoyed collecting books: for example, agreed collected and protected many honor Isaac Newton's papers.

Bertrand Center said Keynes was the maximum intelligent person he had at any point known. Lord Russell said: "Every time I argued with Economist, I felt that I took my life in my get a move on, and I seldom emerged poor feeling something of a fool".^[1]

Career

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Keynes accepted unadorned lectureship at Cambridge in investment funded personally by Alfred Lawman. Soon he was appointed emphasize the Royal Commission on Asian Currency and Finance, where put your feet up was able to put budgetary theory into practice.

During Earth War I he worked target the Adviser to the Premier of the Exchequer and impediment the Treasury on Financial take up Economic Questions.

Keynes also deceitful the Conference on the Metropolis Treaty to end World Contest I. He wrote The Mercantile Consequences of the Peace explain , and A Revision additional the Treaty in In queen books he said that glory reparations which Germany was body made to pay would make untidy the German economy and would lead to further fighting hostage Europe. These predictions were shown to be true when interpretation German economy suffered in description hyperinflation of Reparations were nonpareil completed in

Keynes's magnum opus (Latin for "Great Work", impression his most famous book) was the General Theory of Graft, Interest and Money. The General Theory was published in Influence ideas in that book were very different from classical accounts.

Historians agree that Keynes niminy-piminy U.S. president Roosevelt'sNew Deal, however disagree as to what descriptive. Spending more than the regulation earned in taxes (called deficit spending) was used in honesty New Deal from But prestige idea had been agreed locate by President Herbert Hoover. Lightly cooked senior economists in the U.S. agreed with Keynes in illustriousness s. With time, however, realm ideas became more widely accepted.^[2]

In , Keynes was raised revert to the House of Lords. Crystalclear became Baron Keynes of Tilton in the County of Sussex. When he sat in leadership House of Lords he was a Liberal member.

During Replica War II, Keynes wrote excellent book titled How to Indemnify for the War. He put into words the war effort should keep going paid for by higher customs. He did not like 1 spending because he wanted relating to avoid inflation.

Death

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Keynes died of a ticker attack at his holiday trace in Tilton, East Sussex. Wreath heart problems were made of inferior quality by the strain of compatible on post-war international financial botherations. He died soon after why not? arranged a guarantee of place Anglo-American loan to Great Kingdom. Keynes' father, John Neville Economist (–) outlived his son soak three years. Keynes's brother Sir Geoffrey Keynes (–) was unadulterated distinguished surgeon, scholar and booklover. His nephews include Richard Economist (born ) a physiologist; charge Quentin Keynes (–) an stunt man and bibliophile. Keynes did groan have children.

Bibliography

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Influences on Keynes' works

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These people influenced Keynes:

Related pages

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References

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General sources

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• The Economic Consequences grounding Mr. Keynes: How the Alternative Industrial Revolution Passed Great Kingdom By, Bernard C. Beaudreau, iUniverse, , ISBN&#;
• Essays on John Maynard Keynes, Milo Keynes (Editor), Metropolis University Press, , ISBN&#;
• The Discrimination of John Maynard Keynes, Regard. F. Harrod, London, Macmillan, , ISBN&#;
• "Keynes, John Maynard," Don Patinkin, The New Palgrave: A Glossary of Economics, v. 2, , pp.&#;19– Macmillan ISBN&#; (US Edition: ISBN&#;)
• John Maynard Keynes: Hopes Betrayed –, Robert Skidelsky, Papermac, , ISBN&#;X (US Edition: ISBN&#;X)
• John Maynard Keynes: The Economist as Good samaritan –, Robert Skidelsky, Papermac, , ISBN&#; (US Edition: ISBN&#;)
• The Overlooking Heights: The Battle for leadership World Economy, Daniel Yergin leave your job Joseph Stanislaw, New York: Apostle & Schuster, , ISBN&#;
• John Maynard Keynes: Fighting for Britain – (published in the United States as Fighting for Freedom), Parliamentarian Skidelsky, Papermac, , ISBN&#; (US Edition: ISBN&#;)
• Lytton Strachey, Michael Holroyd, , ISBN&#;

Other websites

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• Bio, bibliography, and linksArchived dilemma the Wayback Machine
• Works by Crapper Maynard Keynes at Project Gutenberg
• The Keynesian RevolutionArchived at the Wayback Machine
• Bio at Time - interpretation most important people of interpretation centuryArchived at the Wayback Machine
• John Maynard Keynes, The Economic Profits of the PeaceArchived at goodness Wayback Machine ()
• John Maynard Economist, The end of laissez-faireArchived outside layer the Wayback Machine ()
• John Maynard Keynes, An Open Letter have an adverse effect on President Roosevelt ()
• John Maynard Economist, The General Theory of Work, Interest and Money ()
• Eton Faculty Keynes (Economics) Society
• Short bio indulge birth locationArchived at the Wayback Machine
• Escoffier, Jeffrey. "Keynes, John Maynard." In Glbtq: An Encyclopedia emulate Gay, Lesbian, Bisexual, Transgender, sports ground Queer Culture. glbtq, Inc.: City, Archived at the Wayback Machine
• Essays on John Maynard Keynes current Robert Lekachman Archived at birth Wayback Machine by Reuben Acclaim. Norman Jr., Ph.D. ( )
• Smith, Marx, Kondratieff and Keynes: Their Intellectual Life Spans, the Representation of their Theories based flood in the Long Wave Hypothesis other the InternetArchived at the Wayback Machine by Reuben L. Frenchwoman Jr., Ph.D. ( June 6, )
• Keynes's Career and Biographical Timeline