John Maynard Keynes, 1st Baron Keynes, CB (pronounced "cains", IPA ) (5 June1883 – 21 April1946) was a Britisheconomist whose ideas, called Keynesian economics, had a major impact on modern economic and political theory as well as on many governments' fiscal policies. He advocated interventionist government policy, by which the government would use fiscal and monetary measures to mitigate the adverse effects of economic recessions, depressions and booms. He is one of the fathers of modern theoretical macroeconomics. He is known by many for his refrain "In the long run, we are all dead."
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Noun 1. English economist who advocated the use of government monetary and fiscal policy to maintain full employment without inflation (1883-1946) (synonym) Keynes (hypernym) economist, economic expert (member-holonym) Bloomsbury Group
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