Keynes Life and Times Biography by Robert Cord (Paperback) Book NEW

Keynesianism was arguably the great economic theory of the 20th century. As various economic schools were propounding the virtues of socialism and fascism during the tumultuous post-war years of the 1920s, Keynesianism emerged as a particular style of capitalism, arguing that the economy was determined by aggregate demand. So successful was Keynes' theory that, by the mid 1940s, it was widespread across almost all of Europe's social democracies and, by the 1960s, the United States, too. Keynes' personal life was no less remarkable. He was educated at Eton and Cambridge, where Leonard Woolf and Lytton Strachey helped elect him to the Cambridge Apostles; he amassed a large fortune, almost all of which he lost during the crash of 1929, but from which he quickly recovered; he was instrumental in the founding of the Arts Council of Great Britain, and was subsequently its chairman; he married a Russian ballerina and was 6'6 tall. In 1985, the historian Eric Hobsbawn referred to Keynes as '.