English economist, journalist,
and financier, born in Cambridge,
England. He studied at Eton and
John
Cambridge, where he later lectured in
economics. He acquired fame for his
second book, The Economic Consequences of
the Peace (1919), where he warned against
the huge reparation payments required of
Germany after World War I. The Great
Depression inspired his two great works, A
Treatise on Money (1930, 2 vols.) and The
General Theory of Employment, Interest and
Money (1936). In A Short View of Russia, The
End of Laissez-Faire (1926), he wrote:
“Marxian Socialism must always remain a
portent to the historians of opinion—how a
doctrine so illogical and so dull can have
exercised so powerful and enduring an
influence on the minds of men, and,
through them, the events of history.”
Maynard Keynes
(1883-1946)