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John Maynard Keynes (1883-1946) was a British economist whose theories had a profound impact on twentieth century history and economic practice. Born and raised in Cambridge, England to highly successful, intelligent parents John and Florence Keynes, he attended Eton and King's College, Cambridge where he joined the intellectual group called "The Apostles" with the likes of Leonard and Virginia Woolf, E. M. Forster and Bertrand Russell. After attending the Paris Peace Conference as economic advisor to Prime Minister Lloyd George, Keynes resigned from a prominent position in the Treasury and published "The Economic Consequences of the Peace" (1919), a stinging indictment of the Versailles Treaty. Keynes expressed his opposition to the political practices that were taking place, and the work gained him instant notoriety. The impact of this, and other, works on economic method, theory and policy led to what is now termed the "Keynesian Revolution" of the twentieth century, and helped shape modern macroeconomics.
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JOHN MAYNARD KEYNES, 1883-1946, was born into an academic family. His father, John Nevile Keynes, was a lecturer at the University of Cambridge where he taught logic and political economy while his son was educated at Eton and Cambridge. Most importantly, Keynes revolutionized economics with his classic book, The General Theory of Employment, Interest and Money (1936).
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As the most important figures in the history of economics, the work of John Maynard Keynes is nearly without precedent in the history of economics.
THE ECONOMIC CONSEQUENCES OF PEACE, first published in 1919, achieved great notoriety due of its contemptuous critique of the French premier as well as President Woodrow Wilson. Keynes criticized the Allied victors for signing the Treaty of Versailles in 1920, which would have ruinous consequences for Europe. At the time, few world and economic leaders appreciated his criticisms as Keynes saw his worst fears realized in the rise of Adolf Hitler and the resulting devastation of World War II.
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- PublisherDigireads.com
- Publication date2011
- ISBN 10 1420942948
- ISBN 13 9781420942941
- BindingPaperback
- Number of pages118
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