John Maynard Keynes

Keynes, John Maynard (1883–1946), British economist at Cambridge University, a pioneer in the development of modern economics. He resigned in protest as treasury representative at the Versailles Peace Conference after World War I, stating his objections to the possible outcome of the treaty in The Economic Consequences of the Peace (1919). His chief work, The General Theory of Employment, Interest, and Money (1936), formed the basis of Keynesian economics, showing how government intervention could be used to maintain high levels of economic activity.

See also: Economics.