Third Revised Edition
X. Aspects of Individuality in J.M. Keynes’ General Theory - 191
X. Aspects of Individuality in J.M. Keynes’ General Theory John Maynard Keynes was certainly the single most influential econo- mist of the twentieth century. He revolutionised economics with his classic book, The General Theory of Employment, Interest and Money (1936),1 which is commonly regarded as the most influential econo- mic treatise of the past century, in that it changed the way the world looked at the economy and the role of government in society. Indeed, with this book, he constructed the fundamental relationships and ideas behind what became known as ‘macroeconomics’. As the son of a Cambridge economist and logician (John Neville Keynes), John Maynard was bred in British elite institutions (Eton and then King’s College Cambridge). He also became a member of the ‘Bloomsbury group’, a collection of upper-class Edwardian intellectuals such as Virginia Woolf, Clive Bell and Lytton Strachey, who proved to be great innovators in aesthetic, literary and cultural thought. Apart from his innovative academic activity, John Maynard Keynes also performed several important public functions. From 1914 to 1918 he was called to the UK Treasury to assist with the financing of the British war economy. His qualities and training earned him a position with the British delegation to the Versailles Peace Conference in 1918. During the Second World War, Keynes led the British dele- gation to the international conference in Bretton Woods, where details of a new economic system were worked out, including the creation of the International Monetary Fund and the World Bank to...
You are not authenticated to view the full text of this chapter or article.
This site requires a subscription or purchase to access the full text of books or journals.
Do you have any questions? Contact us.Or login to access all content.