John Maynard Keynes Quotes


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Two of the 20th centuries greatest political leaders were Mao Tse-Tung and Franklin Delano Roosevelt. In most respects, these two were polar opposites. However, they had one characteristic in common. They were both willing to try things they were not certain of. If they succeeded, make it a part of the national program. If it failed, try something else. See FDR 52,743.


John Maynard Keynes
John Maynard Keynes
  • Born: June 5, 1883
  • Died: April 21, 1946
  • Nationality: British
  • Profession: Economist

John Maynard Keynes, 1st Baron Keynes, CB, FBA (5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics.