John Maynard Keynes

Who was John Maynard Keynes?

John Maynard Keynes was a British economist, journalist, and financier. He was born in 1883 in Cambridge, England.

What did John Maynard Keynes do?

John Maynard Keynes held a number of roles including:

• ❖ He worked as a civil servant supporting the war effort during the First World War.
• ❖ He accompanied David Lloyd George to the Paris Peace Conference, to advise on the economic implications of the peace settlement.
• ❖ In December 1919, he wrote a book called 'The Economic Consequences of the Peace'.

When was John Maynard Keynes important?

John Maynard Keynes was influential in British politics throughout the post-war period and during the Second World War.

What was the significance of John Maynard Keynes?

John Maynard Keynes was significant due to his criticism of the Treaty of Versailles. Before the treaty was signed he resigned in protest from his role with the British government.

Why did John Maynard Keynes criticise the Treaty of Versailles?

Keynes believed the treaty included no provision 'for the economic recovery of Europe', or to 'turn defeated nations into good neighbours'. He accused the leaders of being preoccupied with other issues.