John Maynard Keynes (1883–1946)

Born 1883 CE, died 1946 CE.

John Maynard Keynes, 1st Baron Keynes ( KAYNZ; 5 June 1883 – 21 April 1946), was an English economist whose writings are considered the basis for the school of thought known as Keynesian economics, as well as its various offshoots. Originally trained in mathematics, he built on and refined earlier work on the causes of business cycles. His ideas, further developed after his death as New Keynesianism, are seen as foundational to mainstream macroeconomics. He has been referred to as the "father of macroeconomics" and is considered one of the most influential economists of the 20th century. Keynes was educated at King's College at the University of Cambridge, where he graduated in 1904 with a B.A. in mathematics. During the Great Depression of the 1930s, Keynes spearheaded the Keynesian Revolution, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands.

Text from the Wikipedia article John_Maynard_Keynes, licensed CC BY-SA 4.0.

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