Portrait: John Maynard Keynes, English economist

27 July 2022 | Author/Destination: | Rubric: Portrait Reading Time:  8 minutes

Assistant Secretary, U.S. Treasury, Harry Dexter White (left) and John Maynard Keynes © International Monetary Fund

Assistant Secretary, U.S. Treasury, Harry Dexter White (left) and John Maynard Keynes © International Monetary Fund

John Maynard Keynes, 1st Baron Keynes, CB, FBA, 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.   read more…

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