KEYNES, JOHN MAYNARD


Meaning of KEYNES, JOHN MAYNARD in English

born June 5, 1883, Cambridge, Cambridgeshire, Eng. died April 21, 1946, Firle, Sussex English economist, journalist, and financier, best known for his revolutionary economic theories (Keynesian economics) on the causes of prolonged unemployment. His most important work, The General Theory of Employment, Interest and Money (193536), advocated a remedy for economic recession based on a government-sponsored policy of full employment. Additional reading Primarily biographical works include Roy F. Harrod, The Life of John Maynard Keynes (1951, reissued 1982), written by one of Keynes's students and colleagues; Robert Skidelsky, John Maynard Keynes (1983 ); Charles H. Hession, John Maynard Keynes (1984); and D.E. Moggridge, Maynard Keynes: An Economist's Biography (1992). An exceptionally clear exposition of Keynes's major work may be found in Dudley D. Dillard, The Economics of John Maynard Keynes (1948, reprinted 1983). J.C. Gilbert, Keynes's Impact on Monetary Economics (1982), surveys the literature of the 1930s to '60s. Hyman P. Minsky, John Maynard Keynes (1975), reevaluates interpretations of Keynesian economics. D.E. Moggridge, John Maynard Keynes (also published as Keynes, 1976), is an interpretive study of Keynes's lifework by an editor of the Collected Writings. Don Patinkin, Keynes' Monetary Thought: A Study of Its Development (1976), was the first full-length work to make use of the Collected Writings. Elizabeth S. Johnson and Harry G. Johnson, The Shadow of Keynes: Understanding Keynes, Cambridge, and Keynesian Economics (1978), is a collection of essays that examines Keynes's relationship to his social and intellectual environment. Peter Clarke, The Keynesian Revolution in the Making, 19241936 (1988), sets his work in the context of contemporary economic conditions and policies.

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