biography
| name: |
Keynes (of Tilton), John Maynard Keynes, Baron
|
pronunciation:
[kaynz]
| sex:
| male
|
| lived:
| (1883–1946)
|
| biography:
| Economist, the founder of macroeconomics, whose theories have influenced governments on both sides of the Atlantic, born in Cambridge, Cambridgeshire, EC England, UK. He studied at Cambridge, became one of the ‘Bloomsbury group’, and lectured in economics. In both World Wars he was an adviser to the Treasury, and his views on a planned economy influenced Roosevelt's ‘New Deal’ administration. The unemployment crises inspired his two great works, A Treatise on Money (1930) and the revolutionary General Theory of Employment, Interest and Money (1936). He took a leading part in negotiations leading to the foundation of the International Monetary Fund and his views underpinned the foundation of the welfare state in Britain. A keen patron of the arts, he helped to found the Vic–Wells ballet and the Arts Theatre, Cambridge. He married the ballerina Lydia Lopokova. He was created a peer in 1942. |
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