John Maynard Keynes
John Maynard Keynes, Baron Keynes of Tilton, CB FBA (icon ; 5 June 188321 April 1946), was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of the whole economy. This includes a national, regional, or global economy...

, as well as the economic policies of governments. He greatly refined earlier work on the causes of business cycle
Business cycle
The term business cycle refers to economy-wide fluctuations in production or economic activity over several months or years...

s, and advocated the use of fiscal
Fiscal policy
In economics and political science, fiscal policy is the use of government expenditure and revenue collection to influence the economy....

 and monetary measures to mitigate the adverse effects of economic recession
In economics, a recession is a business cycle contraction, a general slowdown in economic activity. During recessions, many macroeconomic indicators vary in a similar way...

s and depressions
Depression (economics)
In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession, which is seen by some economists as part of the modern business cycle....


I work for a Government I despise for ends I think criminal.

Letter to Duncan Grant|Duncan Grant (15 December 1917)

In truth, the gold standard is already a barbarous relic.

Monetary Reform (1924), p. 172

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

"The Future" Ch. 5, Essays in Persuasion (1931)

Most men love money and security more, and creation and construction less, as they get older.

"The Future", Essays in Persuasion (1931)

Words ought to be a little wild, for they are the assault of thoughts on the unthinking.

New Statesman and Nation (15 July 1933)

His peculiar gift was the power of holding continuously in his mind a purely mental problem until he had seen it through.

On Isaac Newton, in Essays in Biography (1933)