Biography
John Maynard Keynes(pronounces Canes) was born into an academic family. His father, John Nevile Keynes, was a lecturer at the University of Cambridge where he taught logic and political economy. John Nevile published Formal Logic four months after John Maynard was born. John Maynard's mother, Florence Ada Brown, was a remarkable woman who was a highly successful author, and also a great pioneer in social reform. It is worth commenting at this stage that, although John Maynard Keynes lived to the age of 63, his parents both outlived him.At the age of seven, Keynes entered Perse School Kindergarten but he learnt more from lessons given at home. Two years later he entered St Faith's preparatory school but there was little sign at this stage that he was an exceptional pupil. As time went by he did begin to show more promise, however, and in he topped the class for the first time and received a prize for mathematics. By he was described by the headmaster as (see for example [6]):-
head and shoulders above all the other boys in the school.The following year Keynes sat the entrance examination for Eton and came tenth out of the twenty boys who were accepted into
John M. Keynes (5 June – 21 April ) was one of the most influential economists of the Twentieth Century. His groundbreaking work in the s led to the development of a whole new economic discipline dedicated to macroeconomics. His economic theories, which became known as &#;Keynesianism&#; advocated government intervention to end the Great Depression.
John M. Keynes was born in Cambridge to an upper-middle-class family. His father was a lecturer in economics and moral sciences at Cambridge University. He was a bright scholar who won a scholarship to Eton College. After Eton, he studied Maths at Kings College, Cambridge. At Cambridge, the great economist Alfred Marshall encouraged Keynes to take up the relatively new science of Economics. Keynes published his first economic article in , and by was editor of the Economic Journal.
During the First World War, Keynes acted as a government advisor for the government. He helped to negotiate terms with Britain&#;s creditors (UK debt rose sharply in World War One). At the end of the First World War, Keynes took part in the British delegation to the Treaty of Versailles. Keynes was shocked at the level of reparations the Allies wanted to
John Maynard Keynes ( - )
John Maynard Keynes, c ©Keynes was a British economist and one of the most influential of the 20th century.
John Maynard Keynes was born on 5 June in Cambridge into a well-to-do academic family. His father was an economist and a philosopher, his mother became the town's first female mayor. He excelled academically at Eton as well as Cambridge University, where he studied mathematics. He also became friends with members of the Bloomsbury group of intellectuals and artists.
After graduating, Keynes went to work in the India Office, and simultaneously managed to work on a dissertation - often during office hours - which earned him a fellowship at King's College. In , he quit the civil service and returned to Cambridge. Following the outbreak of World War One, Keynes joined the treasury, and in the wake of the Versailles peace treaty, he published 'The Economic Consequences of the Peace' in which he criticised the exorbitant war reparations demanded from a defeated Germany and prophetically predicted that it would foster a desire for revenge among Germans. This best-selling book made him world famous.
During the inter-war years, Keynes amasse
So influential was John Maynard Keynes in the middle third of the twentieth century that an entire school of modern thought bears his name. Many of his ideas were revolutionary; almost all were controversial. Keynesian economics serves as a sort of yardstick that can define virtually all economists who came after him.
Keynes was born in Cambridge and attended King’s College, Cambridge, where he earned his degree in mathematics in He remained there for another year to study under alfred marshall and arthur pigou, whose scholarship on the quantity theory of money led to Keynes’s Tract on Monetary Reform many years later. After leaving Cambridge, Keynes took a position with the civil service in Britain. While there, he collected the material for his first book in economics, Indian Currency and Finance, in which he described the workings of India’s monetary system. He returned to Cambridge in as a lecturer, then took a leave of absence to work for the British Treasury. He worked his way up quickly through the bureaucracy and by was the Treasury’s principal representative at the peace conference at Versailles. He resigned because he thought the Treaty of Versail
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