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John Maynard Keynes

(188-146)

Considered one of the most important economic theorists

of the modern era, John Maynard Keynes was a genius who used

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his extraordinary gift for mathematics to deepen his understanding of economics. He helped to revolutionize modern thought about the workings of the free-trade marketplace and modern industrial capitalism. He is credited with helping to pull the United States and much of Western Europe out of the Great Depression and with creating a kind of capitalism that works with the federal government to stabilize the ups and downs of a market economy.

John Maynard Keynes was born June 5, 188 in Sussex, England. He was the son of John Neville Keynes, registrar of the university of Cambridge and eminent logician and economist. His Mother, Florence Keynes was a talented woman; she was onetime mayor of Cambridge.

As young John grew up, his parents doted on him, and his mother kept a thorough file of his early achievements. Keynes began his education at Saint Faith's Preparatory school, and then went to Eton. He finished first in his classics (the study of the language and culture of ancient Greece and Rome) and second in mathematics. He later went to Cambridge University to complete his formal education, where at age 16, he decided to pursue the study of economics. His first job out of college was in India, working as a junior clerk for the Brittish Civil Service for two years (106-10). In 111 at age 8, he was named editor of the prestigious Economic Journal published by the Royal Economic Society, a position he retained for the next years. In 11 his first book , Indian Currency and Finance, which was refered to as the best in the english language on the gold exchange standard was appointed to the Royal Commission on Indian Currency and Finance.

Keynes worked on International aspects of the economy for the Brittish treasury office in 117, and 10 he began his own career spatulating successfully on foreign exchange and commodities Later that same year he joined the board of directors of the National Mutual Life Insurance company, where he became the board director in 1, a position he held until 18.

In his mid-0s, Keynes married a ballerina, Lydia Lopokova, and they remained together until his death in 146. They had no children.

Keynes died of a heart attack on Easter Sunday, April 1, 146, shortly after having returned from the inaugural meetings of the International Monetary Fund and the World Bank in Savannah, Ga.

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