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Keynes, John Maynard (1883–1946)

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Abstract

J. M. Keynes was the greatest political economist of the first half of the 20th century. This article traces the development of his thinking about economic theory and policy. It focuses largely on the inter-war trilogy, the Tract on Monetary Reform (1923), the Treatise on Money (1930), and the General Theory of Employment, Interest and Money (1936), in which Keynes’s monetary thought evolved from the quantity-theory tradition he had inherited, changed the face of monetary theory, laid the foundation for its development into macroeconomic theory, and defined the analytical framework and research programme of this theory for decades to come.

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    Don Patinkin

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Patinkin, D. (2018). Keynes, John Maynard (1883–1946). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1191

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