1. Фирсова Мария Владимировна
ГПОУ«Сыктывкарский торгово-экономический колледж» Очное отделение, 4 курс Руководитель: Кивильша Наталья Ивановна

2. Plan John Maynard Keynes The London Treasury His career
A Treatise on Money
Central message
Conclusion

3. John Maynard Keynes Keynes was a famous economist in his own day.
John Maynard Keynes was born in Cambridge on 5 June, 1883.
He went to Cambridge University in 1902.

4. In 1915 he joined in the London Treasury.
During the war he was recalled to public
service. In 1919 he resigned, because he was disillusioned with the Treaty of Versailles.

5. His career
In 1944 he was instrumental in starting the IMF and World Bank. By this time he was accepted as a brilliant economist. He was also exhausted by this heavy workload. He returned to Cambridge as a teacher.

6. The General Theory of Employment, Interest and Money
His best-known book was published in It was called The General Theory of Employment, Interest and Money. This book made him and many enemies go against conventional thinking.

7. The General Theory of Employment, Interest and Money
His most important work, The General Theory of Employment, Interest and Money ( ), advocated a remedy for economic
recession based on a government-sponsored policy of full employment.

8. foreshadowed in his treatise on Money (1930).
A Treatise on Money
The General Theory of Employment, Interest and Money is a highly technical even abstruse exposition of new ideas that had been partly
foreshadowed in his treatise on Money (1930).

9. Central message
The central message is readily translated into two powerful propositions. The first declared the existing theory of unemployment nonsense. In a depression, according to Keynes, there was no wage so low that could eliminate unemployment. Accordingly it was wicked to blame the unemployment for their plight.

10. Central message
The second proposition proposed an alternative explanation about the origins of unemployment and depression.
This centered upon aggregate demand - i.e., the total spending of consumers, business investors, and public agencies. When aggregate demand was low sales and jobs suffered. When it was high, all was well.

11. He died on 21 April, 1946.

12. Conclusion
Since 1991 the elements of the model have been used in Russian economy, which do satisfy the goals of forming market relations in Russia.

13. Библиографические источники
Кейнс Джон Мейнард // [электронный ресурс]. URL:
Джон Мейнард Кейнс биография // [электронный ресурс]. URL: