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.

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.

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.

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.

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.

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.

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.

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.

Keynes's brother Sir Geoffrey Keynes ( 1887 – 1982 ) was a distinguished surgeon, scholar and bibliophile.

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.

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.

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 ).

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 ....

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.

Johnson was a colleague of Keynes's father, John Neville Keynes.

Keynes's approach to international relations, including his thinking on the economic causes of war and economic means of promoting peace, has received further attention with the onset of the global financial crisis and recession since 2008, especially through the work of Donald Markwell.

Keynes's early romantic and sexual relationships were almost exclusively with men.

Until now, Keynes's closest relationships had been with the members of the Bloomsbury group, especially Vanessa Bell and Duncan Grant, who had been the great love of his life.

The results were considered to be consistent with Keynes's 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.

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.

At Keynes's death, in 1946, his worth stood just short of £ 500, 000 – equivalent to about £ 11 million ($ 16. 5 million ) in 2009.

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.

It seems that Khrushchev himself took a very special pride in having made a world-shaking contribution to Marxist doctrine with his Draft Program ( a large part of his twelve-hour speech at the recent Congress was, in fact, very largely a rehash of that interminable document ).

Ejaculated the surprised woman, looking at Alex for an explanation but he, parting from her without ceremony, only offered a few words about the doctor's provincial American speech and a state of nerves brought on by the demands of his work.

The senior policy officer may be moved to think hard about a problem by any of an infinite variety of stimuli: an idea in his own head, the suggestions of a colleague, a question from the Secretary or the President, a proposal by another department, a communication from a foreign government or an American ambassador abroad, the filing of an item for the agenda of the United Nations or of any other of dozens of international bodies, a news item read at the breakfast table, a question to the President or the Secretary at a news conference, a speech by a Senator or Congressman, an article in a periodical, a resolution from a national organization, a request for assistance from some private American interests abroad, et cetera, ad infinitum.

no strikingly effective element of speech in the extant poems can with assurance be said not to have been a commonplace in the vaster epic corpus that may have existed at the beginning of the first millennium before Christ.

If the master of scops who was most responsible for the poem ever used kennings that were traditional, he was at least partly deprived of free will and not inclined towards shrewd and sophisticated misuse of speech elements.

Her teeth chattered so that she made three attempts at speech before she became intelligible.

His schedule calls for a noon speech Monday in Eugene at the Emerald Empire Kiwanis Club.

On February 27, 1860, New York party leaders invited Lincoln to give a speech at Cooper Union to a group of powerful Republicans.

" Historian Donald described the speech as a " superb political move for an unannounced candidate, to appear in one rival's ( William H. Seward ) own state at an event sponsored by the second rival's ( Salmon P. Chase ) loyalists, while not mentioning either by name during its delivery.

EveR-1's advanced computing processing power enables speech recognition and vocal synthesis, at the same time processing lip synchronization and visual recognition by 90-degree micro-CCD cameras with face recognition technology.

A more detailed account of how the Ashes were given to Ivo Bligh was outlined by his wife, the Countess of Darnley, in 1930 during a speech at a cricket luncheon.

When infants are taught to sign, parents are able to converse with them at a developmental stage when they are not yet capable of producing vocal speech, which requires fine control of both breathing and the vocal tract.

It is a humorous political critique, aimed squarely at the then ruling party Partido Revolucionario Institucional ( PRI ) and its paramilitary caciques, at a time when freedom of speech in politics was highly restricted.

Aachen is at the western end of the Benrath line that divides High German to the south from the rest of the West Germanic speech area to the north.

* Peter's speech at the Temple ( 3: 11 – 26 )

According to Wirt, Henry ended his speech with words that have since become immortalized: " Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery?

In her speech at the 2000 Conservative conference, she called for a zero tolerance policy of prosecution, albeit with only £ 100 fines as the punishment, for users of cannabis.

His wife read his speech at the ceremony in Oslo, Norway.

He gave the nationally televised opening night address at the 1988 Democratic National Convention, but his speech, which was 33 minutes long and twice as long as it was expected to be, was criticized for being too long and poorly delivered.

Clinton made a major speech to Congress regarding a health care reform plan on September 22, 1993, aimed at achieving universal coverage through a national health care plan.

( Chapter 1 is the first of three important moments in Joshua marked with major speeches and reflections by the main characters ; here first God and then Joshua make speeches about the goal of conquest of the Promised Land ; at chapter 12, Joshua looks back on the conquest ; and at chapter 23 Joshua gives a speech about what must be done if Israel is to live in peace in the land ).

The " Deuteronomic " perspective ( that of the book of Deuteronomy ) is particularly evident in prayers and speeches spoken by key figures at major transition points: Solomon's speech at the dedication of the Temple is a key example.