Ideologies / Liberal / John Maynard Keynes
John Maynard Keynes — ink portrait
§ The minds · 1883–1946 · United Kingdom · Economist

John Maynard Keynes

The general theory

Government can steer the market cycle.

Economic−28
SocialistMarket
Governance+0
LibertarianAuthoritarian
Social+30
TraditionalProgressive
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The economist whose theory of demand management gave 20th-century liberalism its central tool: a government that smooths the business cycle rather than leaving it to itself.

social

Bloomsbury liberal, culturally progressive for his time.

economic

Active fiscal and monetary policy to manage demand and employment.

governance

Liberal technocratic management within democratic capitalism.

Notable for
  • 'The General Theory'
  • Bretton Woods architecture
  • Founded macroeconomics
demand-managementmixed-economymacroeconomics
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