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Topic: John Maynard Keynes


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  John Maynard Keynes - Wikipedia, the free encyclopedia
John Maynard Keynes was the son of John Neville Keynes, an economics lecturer at Cambridge University, and Florence Ada Brown, a successful author and a social reformist.
Keynes' brother Sir Geoffrey Keynes (1887–1982) was a distinguished surgeon, scholar and bibliophile.
John Maynard Keynes had several cultural interests and was a central figure in the so-called Bloomsbury group, consisting of prominent artists and authors in Britain.
en.wikipedia.org /wiki/John_Maynard_Keynes   (2697 words)

  
 Keynesian economics - Wikipedia, the free encyclopedia
John Maynard Keynes was one of a wave of thinkers who perceived increasing cracks in the assumptions and theories which held sway at that time.
Keynes questioned two of the dominant pillars of economic theory: the need for a solid basis for money, generally a gold standard, and the theory, expressed as Say's Law, which stated that decreases in demand would only cause price declines, rather than affecting real output and employment.
Keynes explained that the level of output and employment in the economy was determined by aggregate demand or effective demand.
en.wikipedia.org /wiki/Keynesian_economics   (4199 words)

  
 John Maynard Keynes - MSN Encarta
Keynes was born on June 5, 1883, in Cambridge, England.
His father, John Neville Keynes, was a logician and economist and for 15 years chief administrator (registrar) at the University of Cambridge.
Keynes held that, on the moral plane, the peace treaty (see Treaty of Versailles) should show magnanimity to the fallen foe and that, on the economic plane, the demands for reparation were fantastically impractical and that unsuccessful attempts to enforce them would lead to the ruin of Europe.
encarta.msn.com /encnet/refpages/RefArticle.aspx?refid=761569910   (796 words)

  
 Biographies: The Economists: Lord John Maynard Keynes (1883-1946).   (Site not responding. Last check: 2007-10-21)
John Maynard Keynes was born in Cambridge, England.
Further, Keynes came to the view that a national budget was to serve not only the purpose of good financial planning for government revenues and expenditures; but, that, it ought to be used as a major instrument in the planning of the national economy.
Keynes appreciated their erudite company and they were pleased to have a "scientist" (the thought being that an economist was such) to whom they might turn; and, too, Keynes was a man who was high up with those who set government policy.
www.blupete.com /Literature/Biographies/Philosophy/Keynes.htm   (1395 words)

  
 Keynes, John Maynard, Baron Keynes of Tilton. The Columbia Encyclopedia, Sixth Edition. 2001-05
Keynes served (1906–08) in the India Office of the civil service, where he was concerned with problems of Indian currency.
Keynes criticized the Versailles Treaty for its vindictiveness, specifically the impossibly high reparations levied on the Germans, and for its abandonment of the relatively free pre-1914 economy based on gold and low tariffs.
Keynes was influential at Bretton Woods (1944) in the proposals for the establishment of a world bank to stimulate growth in underdeveloped areas.
www.bartleby.com /65/ke/Keynes-J.html   (561 words)

  
 The Keynesian Revolution
John Maynard Keynes and his followers charted a new approach to economics -- they were able both to explain how such a thing as a depression could occur and to offer policy-makers a prescription for overcoming or even avoiding such downturns.
Keynes pointed out that these misconceptions were mostly the result of attempts to apply theories applicable to bits and pieces of the economy to the entire economy.
John Maynard Keynes and his followers developed a new approach to economics that could both explain recessions and depressions and point the way to economic policies that could be used to end recessions and depressions.
distance-ed.bcc.ctc.edu /econ100/ksttext/keynes/keynes.htm   (6008 words)

  
 Commanding Heights : John Maynard Keynes | on PBS
John Maynard Keynes was a British economist during the first half of the 20th century best known for his revolutionary theories on the causes of unemployment and recession, which came to be known as Keynesian economics.
John Maynard Keynes was a product of the late Victorian and Edwardian eras, a period when stability, prosperity, and peace were assumed and when Britain ruled the world economy.
Keynes provided both a specific rationale for government's taking a bigger role in the economy and a more general confidence in the ability of government to intervene and manage effectively.
www.pbs.org /wgbh/commandingheights/shared/minitextlo/prof_johnmaynardkeynes.html   (1567 words)

  
 John Maynard Keynes, Biography: The Concise Encyclopedia of Economics: Library of Economics and Liberty
Keynes was born in Cambridge and attended King's College, Cambridge, where he earned his degree in mathematics in 1905.
Keynes was a prominent journalist and speaker, and one of the famous Bloomsbury Group of literary greats, which included Virginia Woolf and Bertrand Russell.
Keynes wrote it to object to the punitive reparations payments imposed on Germany by the Allied countries after World War I. The amounts demanded by the Allies were so large, he wrote, that a Germany that tried to pay them would stay perpetually poor and, therefore, politically unstable.
www.econlib.org /library/Enc/bios/Keynes.html   (984 words)

  
 John Maynard Keynes - a biographical note
John Maynard Keynes (pronounced "Canes") was one the most important figures in the history of economics.
Keynes had numerous affairs with other young men, but never he never had the slightest legal or social trouble, even though homosexuality was illegal at that time.
Keynes argued that the lack of demand for goods and rising unemployment could be countered by increased government expenditure to stimulate the economy.
www.mantex.co.uk /ou/a319/jmkeynes.htm   (612 words)

  
 John Maynard Keynes
Keynes was appalled at the vindictive nature of the peace settlement, and was particularly opposed to the devastating consequences of the heavy 'reparations' payments imposed on Germany.
John Maynard Keynes responded to his most able critics - Jacob Viner, Dennis Robertson and Bertil Ohlin - in a series of 1937 articles, which helped him to expand upon some key aspects of his theory.
Of particular importance was the 1937 article by John Hicks which introduced the IS-LM representation of Keynes's theory that launched the 'Neoclassical-Keynesian Synthesis' that was to pervade in America (and elsewhere) as the dominant form of macroeconomics in the post-war era, particularly in the 1950s and 1960s.
www.economyprofessor.com /theorists/johnmaynardkeynes.php   (2297 words)

  
 BookRags: John Maynard Keynes Biography
John Maynard Keynes, 1st Baron of Tilton (1883-1946), was an English economist who revolutionized economic theory and policy by linking employment and income to public and private expenditure.
John Maynard Keynes was born on June 5, 1883, the son of John Neville Keynes, registrar of the University of Cambridge and eminent logician and economist.
Keynes regarded it as entirely possible that the marginal efficiency of capital could be so low that even a rate of interest of zero would not be sufficient to stimulate a full employment level of investment.
www.bookrags.com /biography/john-maynard-keynes   (1847 words)

  
 glbtq >> social sciences >> Keynes, John Maynard   (Site not responding. Last check: 2007-10-21)
John Maynard Keynes was the most influential economist of the twentieth century.
Keynes was born on June 5, 1883 in Cambridge, England, the son of a Cambridge economics professor and one of the first female graduates of Cambridge, a woman who would later serve as mayor of the city.
Keynes, Strachey, and Woolf formed the nucleus of the Bloomsbury group, which also included such important and successful figures as painters Vanessa Bell and Duncan Grant, novelists Virginia Woolf and E. Forster, art critics Clive Bell and Roger Fry, and psychoanalysts James and Alix Strachey.
www.glbtq.com /social-sciences/keynes_jm.html   (753 words)

  
 John Maynard Keynes
J.M.K was appalled at the vindictive nature of the peace settlement, and was particularly opposed to the devastating consequences of the heavy "reparations" payments imposed on Germany.
John Maynard Keynes responded to his most able critics -- Jacob Viner, Dennis Robertson and Bertil Ohlin -- in a series of 1937 articles, which helped him to expand upon some key aspects of his theory.
John Maynard Keynes at the Treasury, 1941-1943 (correspondence with Harrod)
cepa.newschool.edu /het/profiles/keynes.htm   (2466 words)

  
 John Maynard Keynes   (Site not responding. Last check: 2007-10-21)
John Maynard Keynes was probably the most influential economist of the first half of the twentieth century.
The son of a professor of economics, John Neville Keynes, and destined by family connection to be influential in the narrow British university world, Keynes added his own intellectual powers, daring conception, and the courage of his convictions to create an impact that a lesser mind and soul would not have had.
Keynes was on the staff of the British delegation that negotiated peace after World War I, but he regarded the terms as the seeds of disaster, resigned in protest, and wrote his criticisms in
william-king.www.drexel.edu /top/prin/txt/Intro/Keynes.html   (276 words)

  
 BBC - History - John Maynard Keynes, First Baron Keynes (1883 - 1946)
Arguably the most influential economist of the 20th century and among the greatest thinkers of his generation, John Maynard Keynes was a man of many and considerable talents.
Keynes was born in Cambridge in a well-to-do academic family.
Following the outbreak of World War One, Keynes joined the Treasury, and in the wake of the Versailles peace treaty, he published The Economic Consequences of Peace, in which he criticised the exorbitant demands for war reparations from defeated Germany and prophetically predicted a German revenge.
www.bbc.co.uk /history/historic_figures/keynes_john_maynard.shtml   (434 words)

  
 Amazon.com: John Maynard Keynes: Volume 1: Hopes Betrayed 1883-1920 (John Maynard Keynes): Books: Robert Skidelsky   (Site not responding. Last check: 2007-10-21)
John Maynard Keynes' life faithfully portrayed by Robert Skidelsky, is a life of a man grown up amidst the intelectual aristocracy of his time, which coincided with the beginning of the downfall of the Victorian age and was to culminate in the First World War.
His father John Neville Keynes was a famous economist of his time and had many other intelectual atributes which he didn't want to put up to test in the academic arena, despite a lot of incentives by the famous economist Alfred Marshall, the most proeminent thinker of the neo-classics school of thought.
Quite to the contrary, Keynes was up for everything he could grab, be it different sexual male partners, a lot of trips to Italy and a lot of academic prizes, estimulated by the spirit of competion his father tried to assert on him, at the end to no avail.
www.amazon.com /John-Maynard-Keynes-Betrayed-1883-1920/dp/014023554X   (1753 words)

  
 John Maynard Keynes
John Maynard Keynes (1883-1946) was a student of Alfred Marshall at Cambridge University and later served as a Cambridge don himself.
Even when Keynes returned to academia as a professor, he continued to combine the "life of the mind" with an active role in public policy debates, consulting for the British government, and writing popular pieces for the British press.
Indeed, Keynes was one of the key figures involved in the Bretton Woods Conference (1944 in New Hampshire) where influential political and intellectual figures from both sides of the Atlantic came together to rethink international monetary and, more generally, economic policies.
www.mtholyoke.edu /courses/sgabriel/keynes.htm   (584 words)

  
 John Maynard Keynes - dKosopedia
John Maynard Keynes (1883-1946), a British economist whose ideas spawned the rise of Keynesian economics (usually referred to as the Keynesian Revolution), is perhaps best known for his book, The General Theory of Employment, Interest and Money (1936), which served as the philosophical foundation for much of 20th-Century economic policy and thought.
He was notoriously optimistic about the future, but believed, during the days of the depression, that capitalism and liberty were in grave danger, faced with their ideological enemies in fascism and communism.
During the Second World War, Keynes worked as an advisor in the British Treasury and, after the war, as one of the chief architects of the International Monetary Fund, or IMF, though his particular ideas would not serve as its foundation.
www.dkosopedia.com /wiki/John_Maynard_Keynes   (838 words)

  
 John Maynard Keynes
Keynes was a pacifist but wanted to contribute to Britain's war effort.
In 1925 John Maynard Keynes married the ballerina, Lydia Lopokova, and moved to Tilton, a farmhouse near Firle in Sussex.
Keynes was extremely active in his campaign to encourage the government to take more responsibility for running the economy.
www.spartacus.schoolnet.co.uk /TUkeynes.htm   (1137 words)

  
 John Maynard Keynes [Virtual Economy]
His main contribution to the economics debate of the time was in putting together a coherent critique of the existing classical economic theory that dominated policy-making circles.
Keynes' father was an economist and his mother was Mayor of Cambridge for some time.
Keynes went to Eton (as a scholar) and then went on to King's College Cambridge to study Classics and Maths.
www.bizednet.bris.ac.uk /virtual/economy/library/economists/keynes.htm   (324 words)

  
 John Maynard Keynes
John Maynard Keynes is unquestionably the major figure in twentieth- century economics.
He argued that full employment was not an automatic condition, expounded a new theory of the rate of interest, and set out the principles underlying the flows on income and expenditure, and fought the Treasury view that unemployment was incurable.
Unemployment, Keynes showed, was due to a deficiency in the demand for goods and services.
www.jobsletter.org.nz /jbl04611.htm   (382 words)

  
 Amazon.com: The General Theory of Employment, Interest, and Money (Great Minds Series): Books: John Maynard Keynes   (Site not responding. Last check: 2007-10-21)
Keynes actually uses very little mathematics, the alleged prevalence of which is one of the points usually cited in criticism.
Keynes cannot help but admit to the suspicion that these economists' written views on the question of employment, or the more pressing question of unemployment, reflected their identification of the social classes most likely to buy their books; he never states it quite that baldly, of course.
Keynes argues quite persuasively that a perception of fairness is essential in a democratic society.
www.amazon.com /General-Theory-Employment-Interest-Money/dp/1573921394   (2431 words)

  
 John Maynard Keynes
Neville Keynes, John Maynard Keynes was bred in British elite institutions - Eton and then King's College Cambridge.
During the course of the war, Keynes was the Treasury and set himself to think about the post-war economic order, in particular the monetary order.
Keynes sought to develop an explanation that could explain the determination of aggregate output - and as a consequence, employment.
members.fortunecity.com /varrie/keynes.htm   (2298 words)

  
 Keynes   (Site not responding. Last check: 2007-10-21)
John Maynard Keynes is unquestionably the major figure in twentieth-century economics, and perhaps the only one who can stand next to Adam Smith (q.v.) Ricardo (q.v.), Marshall (q.v.) and Walras (q.v.) in the economists' Hall of Fame.
The inflexibility of money wages, themost controversial of Keynes' leading principles, was grounded on a realistic appreciation of labour markets in a modern industrial economy.
Full employment, Keynes concluded, could be maintained in a capitalist economy but only if the government were willing to incur counter-cyclical budgetary deficits to offset the inbuilt tendency towards private over-saving.
qed.econ.queensu.ca /walras/bios/keynes.html   (293 words)

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