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Page "John Maynard Keynes" ¶ 51
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Keynes's and Keynes
Also in 1931, Hayek critiqued Keynes's Treatise on Money ( 1930 ) in his " Reflections on the pure theory of Mr. J. M. Keynes " and published his lectures at the LSE in book form as Prices and Production.
After Keynes's death Schumpeter wrote a brief biographical piece called Keynes the Economist on a personal level he was very positive about Keynes as a man ; praising his pleasant nature, courtesy and kindness.
Both of Keynes's parents outlived him: father John Neville Keynes ( 1852 1949 ) by three years, and mother Florence Ada Keynes ( 1861 1958 ) by 12 years.
The most telling criticism, however, came perhaps from within the Group's own ranks, when on the eve of war Keynes gave a " nostalgic and disillusioned account of the pure sweet air of G. E. Moore, that belief in undisturbed individualism, that Utopianism based on a belief in human reasonableness and decency, that refusal to accept the idea of civilisation as ' a thin and precarious crust ' ... Keynes's fond, elegiac repudiation of his " early beliefs ", in the light of current affairs (" We completely misunderstood human nature, including our own ")".
Each college has its own bar, all rebuilt on a larger scale, and originally its own dining hall ( only Rutherford still has a functioning dining hall ; Darwin's is hired out for conferences and events ; Keynes's was closed in 2000 and converted into academic space, but in 2011 Dolche Vita was expanded and became the dining hall for Keynes students in catered accommodation after Keynes ' expansion in 2011 ; and Eliot's was closed in 2006 ).
While he agreed with the policies of government spending that Keynes pushed for, Viner argued that Keynes's analysis was flawed and would not stand in the long run.
*" Comment on my 1936 Review of Keynes ", 1964, in Lekachman, editor, Keynes's General Theory
Keynes convinced Wood that he should abandon the orthodox Treasury doctrine that Chancellors ' budgets were purely to regulate governmental revenue and expenditure ; Wood, despite some misgivings on Churchill's part, adopted Keynes's conception of using national income accounting to control the economy.
Johnson was a colleague of Keynes's father, John Neville Keynes.

Keynes's and
On a personal level, Keynes's charm was such that he was generally well received wherever he went even those who found themselves on the wrong side of his occasionally sharp tongue rarely bore a grudge.
Among Keynes's Bloomsbury friends, Lopokova was, at least initially, subjected to criticism for her manners, mode of conversation and supposedly humble social origins the latter of the ostensible causes being particularly noted in the letters of Vanessa and Clive Bell, and Virginia Woolf.
At Keynes's death, in 1946, his worth stood just short of £ 500, 000 equivalent to about £ 11 million ($ 16. 5 million ) in 2009.
Post-Keynesian economists are united in maintaining that Keynes's theory is seriously misrepresented by the two other principal Keynesian schools: neo-Keynesian economics which was orthodox in the 1950s and 60s and by New Keynesian economics, which together with various strands of neoclassical economics has been dominant in mainstream macroeconomics since the 1980s.

Keynes's and was
Keynes's speech at the closing of the Bretton Woods negotiations was received with a lasting standing ovation, rare in international relations, as delegates acknowledged the scale of his achievements made despite poor health.
Austrian School economist Friedrich Hayek was Keynes's most prominent contemporary critic, with sharply opposing views on the economy.
More to Friedman's taste was the Tract on Monetary Reform ( 1923 ), which he regarded as Keynes's best work because of its focus on maintaining domestic price stability.
He was among the first reviewers to argue that Keynes's General Theory was not a general theory, but was in fact a special case.
Keynes's relationship and later close friendship with Macmillan was to be fortuitous ; through Dan, Macmillan & Co first published his Economic Consequences of the Peace.
One of Keynes's greatest loves was the artist Duncan Grant, whom he met in 1908.
In Simon Keynes's view, " it was he, more than any other, who secured the political fortune of his people in the 9th century, and who opened up channels of communication which led through the Frankish realms and across the Alps to Rome.
Another of his enduring works is The Failure of the New Economics ( 1959 ), a detailed, chapter-by-chapter critique of John Maynard Keynes's highly influential General Theory of Employment, Interest, and Money, about which he paraphrased a quote attributed to Samuel Johnson, that he was " unable to find in it a single doctrine that is both true and original.
What made the General Theory so radical was Keynes's proof that it was possible for a free market economy to settle into states in which workers and machines remained idle for prolonged periods of time ....
However, while Keynes's formulation of a liquidity trap refers to the existence of a horizontal demand curve for money at some positive level of interest rates, the liquidity trap invoked in the 1990s referred merely to the presence of zero interest rates ( ZIRP ), the assertion being that since interest rates could not fall below zero, monetary policy would prove impotent in those conditions, just as it was asserted to be in a proper exposition of a liquidity trap.

Keynes's and .
Keynes's economic thinking only began to achieve close to universal acceptance in the last few years of his life.
In 1931 Friedrich Hayek extensively critiqued Keynes's 1930 Treatise on Money.
Hayek felt that application of Keynes's policies would give too much power to the state and would lead to socialism.
Yet Schumpeter remained critical about Keynes's economics, linking Keynes's childlessness to what Schumpeter saw as an essentially short term view.
Keynes's private letters express portraits and descriptions some of which can be characterised as anti-Semitic, others as pro-Semitic.
Keynes's early romantic and sexual relationships were almost exclusively with men.
Keynes's personal interest in classical opera and dance led him to support the Royal Opera House at Covent Garden and the Ballet Company at Sadler's Wells.

brother and Sir
He had an elder brother, John ( the father of Sir John Dermot Turing, 12th Baronet of the Turing Baronets ).
In October 1595 Oxford wrote to his brother in law, Sir Robert Cecil of friction between himself and the ill-fated Earl of Essex, partly over his claim to the property, terming him ' the only person that I dare rely upon in the court '.
Sir Robert Gordon, younger brother of the fourth Earl, was a diplomat and served as British Ambassador to Austria.
Sir John Gordon ( d. c. 1395 ) of Strathbogie, ancestor of Sir John Gordon, 1st Baronet, was the brother of Elizabeth Gordon.
" One year later, the earliest recorded use in reference to a theological distinction was by Sir Thomas More, who spoke of " Tyndale his evangelical brother Barns ".
Chadwick was the younger half brother of Sir Edwin Chadwick, England's sanitary philosopher who developed environmental measures and laws designed to counteract the effects of the Industrial Revolution.
Sir William Anglin Scarlett, Lord Abinger's younger brother, was chief justice of Jamaica.
Mansel, John Lawrence, younger brother of H. M. Lawrence, and of Sir Henry Elliot, Secretary to the Government of India.
In accordance with his will, the castle passed first to his brother Ambrose, Earl of Warwick, and after the latter's death in 1590, to his illegitimate son, Sir Robert Dudley.
His parents were Sir John Randolph, the son of William Randolph, and Susannah Beverley, the daughter of Peter Beverley ; his brother was John Randolph.
He was the son of her brother Sir Anthony Aucher and his wife Hester Collett.
All of the twenty four members of the Sierra Leonean delegation were prominent and well-respected politicians including Sir Milton's younger brother lawyer Sir Albert Margai, the outspoken trade unionist Siaka Stevens, SLPP strongman Lamina Sankoh, outspoken Creole activist Isaac Wallace-Johnson, Paramount chief Ella Koblo Gulama, educationist Mohamed Sanusi Mustapha, Dr John Karefa-Smart, professor Kande Bureh, lawyer Sir Banja Tejan-Sie, former Freetown's Mayor Eustace Henry Taylor Cummings educationist Amadu Wurie, and Creole diplomat Hector Reginald Sylvanus Boltman.
Soon after Margai was sworn in as Prime Minister, he immediately dismissed several senior government officials who had served under his elder brother Sir Milton's government, as he viewed them as traitors and a threat to his administration.
Unlike his late brother, Sir Milton, Sir Albert proved unpopular and resorted to increasingly authoritarian actions in response to protests, including enacted several laws against the opposition All People's Congress ( APC ) and attempting to establish a single-party state.
Unlike his late brother Milton, Sir Albert was opposed to the colonial legacy of allowing the country's Paramount Chiefs executive powers and he was seen as a threat to the existence of the ruling houses across the country.
On 1 July 1535, More was tried before a panel of judges that included the new Lord Chancellor, Sir Thomas Audley, as well as Anne Boleyn's father, brother, and uncle.
The Duke at the time, the founder and colonel of the regiment, was the Duchess of Richmond's father, and he saw no active service overseas during the Napoleonic Wars ; his son and the Duchess's brother, the Marquis of Huntly ( later the 5th Duke ) was a distinguished general, but also missed the Waterloo campaign ; the senior representative of the family at the battle was in fact the Duchess's own twenty-three-year-old son, the Earl of March, who would eventually become the 5th Duke's heir in 1836, and who served as a major and an aide de camp to the Duke of Wellington ; another branch of the family was represented by another ADC, Colonel Sir Alexander Gordon, aged twenty-eight or twenty-nine, the brother of the Earl of Aberdeen ; in reality, both were young men similar in age and duty to Lord Hay.
David in turn would hand over to his brother Sir Robert control of the firm.
Her father, Richard, was the younger brother of Sir Robert Bowes, a descendant of an old Durham family and her mother, Elizabeth, was an heiress of a Yorkshire family, the Askes of Richmondshire.
Edward Smith is recorded in two genealogies as having been the brother of Sir William Tyndale, of Deane, Northumberland, and Hockwald, Norfolk, who was knighted at the marriage of Arthur, Prince of Wales to Katherine of Aragon.

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