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Main / Authors

John Maynard Keynes - Biography

Keynes is a name that is synonymous with modern economic thought and theory. This eminent British economist has left an indelible mark on the history of the global economy. Let's look at his life, contribution to economic science and impact on modern politics and financial practice.

John Maynard was born on 5 June 1883 in Cambridge, UK, the son of a respected scholar and professor. His childhood was spent in an atmosphere of education and intellectual conversation, which shaped his love of knowledge and analysis. After graduating from Eton School, he went to King's College, Cambridge University, where he began to study economics.

After receiving a bachelor's degree, John began his career at The Economist and as a member of the Indian Civil Service. However, the real turn in his career came during the First World War, when he was appointed to the position of Finance Advisor to the Ministry of International Trade and Finance.

After the war, John began to develop his theories that touched on all aspects of economics. His main work, The General Theory of Employment, Interest and Money, published in 1936, was a revolutionary work that offered a new look at macroeconomics and the role of the state in regulating the economy. He put forward ideas about the importance of public investment and consumer demand to stimulate economic growth.

John's ideas had a huge impact on the economic policies and financial measures of governments around the world. During the Great Depression, his theories helped develop programs to combat unemployment and stimulate economic growth. During World War II, he was also instrumental in developing financial strategies for allied countries.

John's personal life remained hidden from publicity, and his focus was always on working and developing economic theories. His legacy in the world of economics and politics continues to be relevant and inspire a new generation of economists and leaders. His ideas about stimulating economic growth through government interventions remain the subject of active debate and implementation in modern conditions.

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