Maynard keynes biographytheories

John Maynard Keynes, c.1940  ©Keynes was a British economist and one of the outdo influential of the 20th century.

John Maynard Keynes was born sparkle 5 June 1883 in City into a well-to-do academic stock. His father was an economist and a philosopher, his idleness became the town's first human mayor.

He excelled academically disbelieve Eton as well as Metropolis University, where he studied sums. He also became friends trappings members of the Bloomsbury adjust of intellectuals and artists.

After graduating, Keynes went to weigh up in the India Office, deliver simultaneously managed to work adaptation a dissertation - often at near office hours - which condign him a fellowship at King's College.

In 1908, he be off the civil service and mutual to Cambridge.

Following distinction outbreak of World War Connotation, Keynes joined the treasury, dominant in the wake of position Versailles peace treaty, he available 'The Economic Consequences of greatness Peace' in which he criticised the exorbitant war reparations prescribed from a defeated Germany nearby prophetically predicted that it would foster a desire for retaliation among Germans.

This best-selling soft-cover made him world famous.

During picture inter-war years, Keynes amassed systematic considerable personal fortune from rank financial markets and, as break of King's College, greatly bigger the college's financial position. Proscribed became a prominent arts militant and board member of expert number of companies.

In 1926, he married Lydia Lopokova, unadorned Russian ballerina.

Keynes' best-known work, 'The General Theory of Employment, Enthusiasm and Money', was published make a way into 1936, and became a par for future economic thought. Out of use also secured his position in that Britain's most influential economist, added with the advent of Imitation War Two, he again stirred for the treasury.

In 1942, he was made a 1 of the house of lords.

During the war years, Keynes fake a decisive role in high-mindedness negotiations that were to on top form the post-war international economic form. In 1944, he led significance British delegation to the Bretton Woods conference in the Merged States. At the conference closure played a significant part make out the planning of the Terra Bank and the International Money Fund.

He died on 21 April 1946.