The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again.
— John Maynard Keynes
John Maynard Keynes was born in Cambridge, England, on June 5, 1883, the son of John Neville Keynes and Florence Ada Brown Keynes. His father was a prominent professor of political economy at the University of Cambridge; his mother was active in local politics and served a term as mayor of Cambridge.
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John Maynard Keynes (1883–1946) was the most influential economist of the twentieth century and, after Adam Smith, one of the two most influential economists of the modern age. Two of his books, The Economic Consequences of the Peace (1919) and The General Theory of Employment, Interest, and Money (1936), were among the most important books on economics and politics published during the last century.
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James Piereson gives a seminar on Keynes at the Program on Constitutional Government at Harvard University.
