Who is John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes, ( KAYNZ; 5 June 1883 – 21 April 1946) was an English economist 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, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics.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 shor...Read Full Biography of John Maynard Keynes
John Maynard Keynes Poems
Top 10 most used topics by John Maynard Keynes
John Maynard Keynes Quotes
- Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
- The avoidance of taxes is the only intellectual pursuit that still carries any reward.
- The importance of money flows from it being a link between the present and the future.
- The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
- Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
Comments about John Maynard Keynes
Rosagin: "the difficulty lies not so much in developing new ideas as in escaping from old ones." ~john maynard keynes1sahilpawar: call me john maynard keynes the way i'm spending my way out of my depression
Cerebralwisdom: the avoidance of taxes is the only intellectual pursuit that carries any reward. - john maynard keynes
Rubin_lyle: “three-hour shifts or a fifteen-hour week may put off the problem for a great while. for three hours a day is quite enough to satisfy the old adam in most of us!”—john maynard keynes in “economic possibilities for our grandchildren”
Mrmeseeksff: in the 1930s, john maynard keynes predicted his grandchildren would work 15 hours a week due to technological advances and the rise in productivity
Read All Comments
