The Economic Consequences of the Peace

The Economic Consequences of the Peace

John Maynard Keynes


John Maynard Keynes (1883-1946) used to be a British economist whose theories had a profound influence on 20th century heritage and fiscal perform. Born and raised in Cambridge, England to hugely profitable, clever mom and dad John and Florence Keynes, he attended Eton and King's collage, Cambridge the place he joined the highbrow workforce referred to as "The Apostles" with the likes of Leonard and Virginia Woolf, E. M. Forster and Bertrand Russell. After attending the Paris Peace convention as monetary consultant to top Minister Lloyd George, Keynes resigned from a well-known place within the Treasury and released "The fiscal outcomes of the Peace" (1919), a stinging indictment of the Versailles Treaty. Keynes expressed his competition to the political practices that have been occurring, and the paintings won him fast notoriety. The effect of this, and different, works on fiscal technique, thought and coverage ended in what's now termed the "Keynesian Revolution" of the 20 th century, and contributed to shaping sleek macroeconomics.

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