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John Keynes, 1883 - 1946, England, England


Born in Cambridge to a family of economist and social reformers, he was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, and informed the economic policies of governments. He questioned the classical economics model, argued that aggregate demand determined the overall level of economic activity, and that inadequate aggregate demand could lead to prolonged periods of high unemployment. He was on the opposite camp against Hayek, Friedman, and Henry Truman. In 1999, Time magazine included Keynes in their list of the 100 most important and influential people of the 20th century, commenting that: "His radical idea that governments should spend money they don't have may have saved capitalism.
John, Maynard, Keynes
People type: philosopher
Achievement: Economics advocating government intervention
British civil servant
1883-06-05
1946-04-21
Roaring Twenties| | Great Depression| John Neville Keynes, Florence Ada Keynes
Weblink: http://en.wikipedia.org/wiki/John_Maynard_Keynes
Related to person: Friedrich Hayek
Related to person: Milton Friedman
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Found following people by country name matching: England

Roger Bacon Roger Bacon 1214 1294
Francis Bacon Francis Bacon 1561 1626
Denis Papin Denis Papin 1647 1712
Thomas Savery Thomas Savery 1650 1715
Thomas Newcomen Thomas Newcomen 1664 1729
Richard Arkwright Richard Arkwright 1732 1792
James Watt James Watt 1736 1819
james-maxwell James Maxwell 1831 1879
John Keynes John Keynes 1883 1946

Found following era name by country matching: England

Found following event by country matching: England

Found following milestone by country matching: England

Industrial Revolution Starts 1760 England