Keynes, John Maynard, Baron Keynes of Tilton

Keynes, John Maynard, Baron Keynes of Tilton
born June 5, 1883, Cambridge, Cambridgeshire, Eng.
died April 21, 1946, Firle, Sussex

British economist, known for his revolutionary theories on the causes of prolonged unemployment.

The son of the distinguished economist John Neville Keynes (1852–1949), he served in the British treasury during World War I and attended the Versailles Peace Conference. He resigned in protest over the Treaty of Versailles, denouncing its provisions in The Economic Consequences of the Peace (1919), and he returned to teaching at the University of Cambridge. The international economic crisis of the 1920s and '30s prompted him to write The General Theory of Employment, Interest and Money (1935–36), the most influential economic treatise of the 20th century. It refuted laissez-faire economic theories, arguing that the treatment for economic depression was either to enlarge private investment or to create public substitutes for private investment. Keynes argued that in mild economic downturns, monetary policy in the form of easier credit and lower interest rates might stimulate investment. More severe crises called for deliberate public deficits (see deficit financing), either in the shape of public works or subsidies to the poor and unemployed. Keynes's theories were put into practice by many Western democracies, notably by the U.S. in the New Deal. Interested in the design of new international financial institutions at the end of World War II, Keynes was active at the Bretton Woods Conference in 1944.

John Maynard Keynes, detail of a watercolour by Gwen Raverat, about 1908; in the National Portrait ...

Courtesy of The National Portrait Gallery, London

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Universalium. 2010.

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  • Keynes, John Maynard, barón Keynes de Tilton — (5 jun. 1883, Cambridge, Cambridgeshire, Inglaterra–21 abr. 1946, Firle, Sussex). Economista británico, conocido por sus revolucionarias teorías sobre las causas del desempleo prolongado. Hijo del distinguido economista John Neville Keynes (n.… …   Enciclopedia Universal

  • John Maynard Keynes — Keynes redirects here. For other uses, see Keynes (disambiguation). John Maynard Keynes Keynesian economics John Maynard Keynes Born …   Wikipedia

  • John Maynard Keynes — (1946) John Maynard Keynes, Baron Keynes [keɪnz] (* 5. Juni 1883 in Cambridge; † 21. April 1946 in Tilton, Firle, East Sussex) war ein britischer Ökonom, P …   Deutsch Wikipedia

  • John Maynard Keynes — Keynes en 1946. Nombre …   Wikipedia Español

  • Keynes,John Maynard — Keynes (kānz), John Maynard. First Baron of Tilton. 1883 1946. British economist who proposed that high unemployment, being a result of insufficient consumer spending, could be relieved by government sponsored programs. He also advocated deficit… …   Universalium

  • John Maynard Keynes — « Keynes » redirige ici. Pour les autres significations, voir Keynes (homonymie). John Maynard Keynes John Maynard Keynes (à droite) avec le peintre Duncan Grant …   Wikipédia en Français

  • baron — /bar euhn/, n. 1. a member of the lowest grade of nobility. 2. (in Britain) a. a feudal vassal holding his lands under a direct grant from the king. b. a direct descendant of such a vassal or his equal in the nobility. c. a member of the House of …   Universalium

  • Baron — /bann rddawonn /, n. Michel /mee shel /, (Michel Boyron), 1653 1729, French actor. * * * I Title of nobility, ranking in modern times immediately below a viscount or a count (in countries without viscounts). The wife of a baron is a baroness.… …   Universalium

  • Barón — (Probablemente del germ. *baro, hombre libre.) ► sustantivo 1 Título nobiliario que, en España, sigue en importancia al de vizconde. 2 POLÍTICA Persona importante y poderosa de un partido político: ■ se convirtió en el barón que catapultó la… …   Enciclopedia Universal

  • john — /jon/, n. Slang. 1. a toilet or bathroom. 2. (sometimes cap.) a fellow; guy. 3. (sometimes cap.) a prostitute s customer. [generic use of the proper name] * * * I known as John Lackland born Dec. 24, 1167, Oxford, Eng. died Oct. 18/19, 1216,… …   Universalium

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