EssaysForStudent.com - Free Essays, Term Papers & Book Notes
Search

John Maynard Keynes

By:   •  Essay  •  410 Words  •  January 16, 2010  •  894 Views

Page 1 of 2

Join now to read essay John Maynard Keynes

John Maynard Keynes is a well known British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory as well as on many governments' fiscal policies. He advocated the interventionist form of government policy in order to avoid depressions, recessions, and booms at any cost. To this day, John Maynard Keynes continues to hold the position titled the "father of macroeconomics."

Keynes had always been interested in the mathematical fields during school, but it was his keen interest in politics that pushed him towards economics. Early into his career, Keynes received a lectureship at Cambridge University and was soon after appointed Royal Commission on Indian Currency and Finance. It was during these times where he really began to show his considerable talent of applying economic theory to practical problems. Keynes was then asked to help out during World War II, where he showed a great amount of assistance. This effort resulted in his promotion as the financial representative to the Secretary of the Paris Peace Conference 1919. His career lifted off as he soon became an adviser to the British finance department during the war.

Keynes economic thoughts and theory's began getting published into many books, early in his career. Some of these books are: A Revision of the Treaty, Treatise on Probability, Treatise on Money, etc. However, his greatest work is known as The General Theory of Employment, Interest, and Money. This book helped lay the foundation for the branch of economics known as macroeconomics. This is generally

Continue for 1 more page »  •  Join now to read essay John Maynard Keynes and other term papers or research documents
Download as (for upgraded members)
txt
pdf