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British economist whose ideas fundamentally changed the theory and practice of
macroeconomics and the economic policies of governments.
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Born
John Maynard Keynes was born in Cambridge, England, to an upper-middle-class
family.
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In October 1906, Keynes career began as a clerk in the
India Office. He enjoyed his work at first.
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Second World War
During the Second World War, Keynes agued is How
to Pay for the War, published in 1940. On 7 July his title was gazetted as ‘’Baron Keynes, of Tilton.
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Second World War
Keynesian economist were officially discarded by the British Government
in 1979, but forces had begun to gather against Keynes’s ideas over 30 years earlier.
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Marriage
In 1921, Keynes wrote that he had fallen ‘’very much
in love’’with Lidya Lopokova, a well-known Russian ballerina. They married in 1925.
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Death
Throughout his life, Keynes worked energetically for the benefit both
of the public and his friend.