J m keynes biography definition
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J m keynes biography definition us history
John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes, CB (5 June 1883 – 21 April 1946) was a Britisheconomist. His ideas, called Keynesian economics, had a big impact on modern economic and political theory.
His ideas also had a big impact on many governments' tax and economic policies. He said governments should use tax and banking measures to stop the effects of economic recessions, depressions and booms.
J m keynes biography definition
He is one of the fathers of modern theoretical macroeconomics.
Biography
[change | change source]Personal and marital life
[change | change source]John Maynard Keynes was born at 7 Melville Road, Cambridge, England.
His father was John Neville Keynes, an economics lecturer at Cambridge University. His mother was Florence Ada Brown, a successful author and a social reformer. His younger brother, Geoffrey Keynes (1887–1982) was a surgeon and bibliophile (book lover).
His younger sister Margaret (1890–1974) married the Nobel Prize-winning physiologist Archibald Hil