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John Maynard Keynes

Biography

United kingdom economist and founder of contemporary macroeconomics whose ideas on the subject of the sources of business cycles are referred to as Keynesian economics. He was contained in Period Magazine’s 1999 set of the 100 most significant and influential folks of the 20th hundred years. He started his civil assistance profession as the clerk for the India Workplace, a division inside the United kingdom government. His concepts contradicted a whole lot of lengthy kept notions about free of charge marketplaces and he argued that aggregate demand established the overall degree of financial activity, which insufficient aggregate demand may lead to prolonged intervals of high unemployment. He wedded Russian ballet dancer Lydia Lopokova in 1925. His dad was economist and lecturer, John Neville Keynes. He significantly opposed the ideas of Karl Marx.

Quick Facts


Full Name John Maynard Keynes
Date Of Birth June 5, 1883
Died April 21, 1946, Tilton, United Kingdom
Place Of Birth England
Profession Economist
Education Eton College, University of Cambridge, King's College, Cambridge
Nationality British
Spouse Lydia Lopokova
Parents John Neville Keynes, Florence Ada Keynes
Siblings Geoffrey Keynes, Margaret Keynes
Star Sign Gemini

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Archive Footage

Archive Footage

TitleYearStatusCharacter
The Bubble Documentary completed Himself
Great Thinkers: In Their Own Words 2011 TV Mini-Series documentary Himself
Nova 2010 TV Series documentary Himself - Economist
The Mind and Times of Virginia Woolf 2002 Documentary Himself
Commanding Heights: The Battle for the World Economy 2002 TV Mini-Series documentary Himself

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#Quote
1 I see us free to return to some of the more sure and certain principles of religion and traditional virtue - that avarice is a vice, that the exaction of usury is a misdemeanour, and the love of money is detestable, that those walk most truly in the paths of virtue and sane wisdom who take least thought for the morrow. We shall once more value ends above means and prefer the good to the useful. We shall honour those who can teach us to pluck the hour and the day virtuously and well, the delightful people who are capable of taking direct enjoyment in things, the lilies of the field who toil not, neither do they spin. But beware! The time for all this is not yet. For at least another hundred years we must pretend to ourselves and to everyone that fair is foul and foul is fair, for foul is useful,and fair is not. Avarice and usury and precaution must be our gods for a little longer still. For only they can lead us out of the tunnel of economic necessity into daylight.


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