The Economic Consequences of the Peace

John Maynard Keynes, 1st Baron Keynes CB (pronounced /'ke?nz/ "cains") (5 June 1883 21 April 1946) was a British economist whose ideas, called Keynesian economics, had a major impact on modern economic and political theory as well as on many governments' fiscal policies. He advocated interventionist government policy, by which the government would use fiscal and monetary measures to mitigate the adverse effects of economic recessions, depressions and booms. He is one of the fathers of modern theoretical macroeconomics.