Search results
Results from the WOW.Com Content Network
John Maynard Keynes was born in Cambridge, England, in June 1883 to an upper-middle-class family. His father, John Neville Keynes , was an economist and a lecturer in moral sciences at the University of Cambridge and his mother, Florence Ada Keynes , a local social reformer.
Vol. 1. Hopes Betrayed 1833-1920 (1983) focuses on Keynes's early life, education, and his emergence as a public intellectual during World War I.Vol. 2. The Economist as Saviour, 1920-37 (1992) covers Keynes's contributions to economics, his involvement in international affairs, and his rise to a prominent economist.
The series explores the lives of John Maynard Keynes, Friedrich Hayek, and Karl Marx, and their influence on modern economics. [2] Keynes is known for Keynesian economics and as an early pioneer of macroeconomics, Hayek is part of the Austrian School of economics, and Marx is known for communism and the theories that are collectively called ...
The General Theory of Employment, Interest and Money is a book by English economist John Maynard Keynes published in February 1936. It caused a profound shift in economic thought, [1] giving macroeconomics a central place in economic theory and contributing much of its terminology [2] – the "Keynesian Revolution".
Keynes most notably clarified his Theory of Money in catty dialogue [2] with other economists of the day, such as Friedrich Hayek and Dennis Robertson. Keynes described his rejoinder as such “in my Rejoinder to Mr. D. H. Robertson, Published in the Economic Journal for September, 1931, I have endeavoured to re-state in a clearer way what my ...
Keynes' General Theory in 1936 identified the relationship between income and consumption as a key macroeconomic relationship. Keynes asserted that real consumption (i.e. adjusted for inflation) is a function of real disposable income, which is total income net of taxes.
The early stage of the Keynesian Revolution took place in the years following the publication of John Maynard Keynes' General Theory in 1936. It saw the neoclassical understanding of employment replaced with Keynes' view that demand, and not supply, is the driving factor determining levels of employment. This provided Keynes and his supporters ...
Books about John Maynard Keynes (10 P) Pages in category "John Maynard Keynes" The following 4 pages are in this category, out of 4 total.