John Maynard Keynes(1883-1946)

John Maynard Keynes(1883-1946) John Maynard Keynes is unquestionably the major figure in twentieth- century economics. His reputation goes above his most recognized work; the General Theory of Employment, Interest and Money (1936), which initiated the Keynesian Revolution, but also on his other writings, specially with A Treatise on Probability (1921) and A Treatise on Money (1930). He was an economist, statesman, a journalist, art collector, bibliophile, and patron of the arts. He criticized the peace treaty of …

…tolerant monetary and fiscal policies. As well giving influential advice to the British Treasury, Keynes’s views on a planned economy influenced Roosevelt’s “New Deal” administration. He also played a central role in the Bretton Woods Conference of 1944, which created the International Monetary Fund and the International Bank for Reconstruction and Development. His influence on economics was such that the thirty-year boom in Western industrial countries (1945-75) has been called the Age of Keynes.