John Maynard Keynes
- British economist
- Advised that Governments should spend there way out of Depression, and borrow money that will be repaid after economy recovers.
- "Deficit Financing"
- Work projects should be of value to the country.
- Went against Adam Smith's economic theories (save to spend).
- USA, Japan, and Hitler's Germany all use this model to great success.
"The difficulty lies not so much in developing new ideas as in escaping from old ones."
- John Maynard Keynes
- John Maynard Keynes
Above is a picture of King's College, at Cambridge University. Keynes was a fellow at Cambridge, alongside people like Bertrand Russell, G.H. Hardy, and Ludwig Wittgenstein.
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