Sociology Report
1. John Maynard Keynes
Works & Achievements: Became Advisor to several charitable trusts, Director of Bank of England, His theories popularly known as 'Keynesian Economics' have formed the base for several economic policies undertaken by Presidents George W. Bush and Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom and many other political figures around the world
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Keynesian economics gets its name, theories and principles from the great Economist, John Maynard Keynes who changed the world of economics. John Maynard Keynes was a British economist who transformed the widely followed traditional economic theories to make way for revolutionary economic theories. Keynes is the creator and initiator of the use of fiscal and monetary measures that are used to bring down the crisis situations brought about by economic recessions and depressions. Keynes' thoughts and theories are followed and referred even today by economists and economy students. Keyneisan ideas have been adopted by many political figures to bring positive changes in economic stability in nations around the world. Some of the notable Keynesian economics adopters are Presidents George W. Bush and Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom. Capitalist nations and countries taking up the cause of social liberalism have strictly followed Keynes' economic path to build their nations. It was after Keynes that the world started viewing the theory and practice of modern macroeconomics in a bigger and better manner. The much influential Keynesian economics have made way into several economic policies of governments. John Maynard Keynes is regarded as the founding father of modern macroeconomics.
John Maynard Keynes Childhood
John Maynard Keynes was born on 5 June 1883 in Cambridge, England to a middle class
Works & Achievements: Became Advisor to several charitable trusts, Director of Bank of England, His theories popularly known as 'Keynesian Economics' have formed the base for several economic policies undertaken by Presidents George W. Bush and Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom and many other political figures around the world
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Top of Form
Keynesian economics gets its name, theories and principles from the great Economist, John Maynard Keynes who changed the world of economics. John Maynard Keynes was a British economist who transformed the widely followed traditional economic theories to make way for revolutionary economic theories. Keynes is the creator and initiator of the use of fiscal and monetary measures that are used to bring down the crisis situations brought about by economic recessions and depressions. Keynes' thoughts and theories are followed and referred even today by economists and economy students. Keyneisan ideas have been adopted by many political figures to bring positive changes in economic stability in nations around the world. Some of the notable Keynesian economics adopters are Presidents George W. Bush and Barack Obama of the United States, Prime Minister Gordon Brown of the United Kingdom. Capitalist nations and countries taking up the cause of social liberalism have strictly followed Keynes' economic path to build their nations. It was after Keynes that the world started viewing the theory and practice of modern macroeconomics in a bigger and better manner. The much influential Keynesian economics have made way into several economic policies of governments. John Maynard Keynes is regarded as the founding father of modern macroeconomics.
John Maynard Keynes Childhood
John Maynard Keynes was born on 5 June 1883 in Cambridge, England to a middle class