JOHN MAYNARD KEYNES’İN YAŞAMI VE İKTİSADİ DÜŞÜNCESİNİN GELİŞİMİ
Journal Title: Ufuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi - Year 2017, Vol 6, Issue 11
Abstract
John Maynard Keynes laid the groundwork for the basis of macro economics and founded the economic school of thought that has come to be known as Keynesian economics. Keynes, who had a prolific educational and professional life, first conceived his works on economic thought during the Great Depression of 1929 and during the period of enormous economic turmoil that led to World War II. After World War II, at the Bretton Woods conference, which was named after the town in the USA where it was held -for the purpose of establishing a new economic world order, John Maynard Keynes presented the “Keynes Plan” on behalf of England. At the conference, the United States Secretary of the Treasury’s plan was passed; however, Keynes contributed greatly to it. Additionally, up until the Great Depression of 1929, Keynes continued to challenge the Classical School of Economics which proposed that markets would self-correct during times of crisis and that government intervention was not necessary. Instead of free market theories of classical economics that proved to be flawed, Keynes developed a new theory that with government intervention, market stability could be reestablished and macro economic problems could be solved and thus sowed the seeds of Keynesian economics.
Authors and Affiliations
Mehmet Tomanbay
Keywords
Related Articles
- EP ID EP474969
- DOI -
- Views 116
- Downloads 0
PURSUANCE AND COLLECTION PROCEDURE OF THE PRICES THAT SHALL BE PAID TO THE STATE HIGHER EDUCATION INSTITUTIONS FOR THE HIGHER EDUCATION EXCHANGE OF SERVICES
Payments are made to state higher education institutions for the higher education exchange of services under the names of different tuition fees. In case the prices that have the characteristics of public revenue are not...
EVALUATING THE RELATIONSHIPS BETWEEN PARTICIPATIVE LEADERSHIP, JOB BURNOUT AND ORGANIZATIONAL CITIZENSHIP BEHAVIOR: A META-ANALYSIS
Based on the social exchange theory, job demands-resources model and conservation of resources theory, relationships among participative leadership, job burnout and organizational citizenship behavior, that is gaining mo...
EVALUATION OF MOBBING PERCEPTION IN TERMS OF DEMOGRAPHIC FEATURES: A STUDY ON STUDENTS STUDYING IN HUMAN RESOURCES PROGRAM.
Mobbing can be explained as a systematic consequence of behaviors such as intimidation and supression among employees. Mobbing is more likely to occur in organizations with a high number of employees. Mobbing entered int...
ESTABLISHMENT OF TECHNOLOGY AND DESIGN TEACHER SECTIONS IN UNIVERSITY
This study was carried out to emphasize the significance of setting up Technology and Design teacher sections in universities. Nowadays information technology is changing perpetually; all individuals should have 21st cen...
JOHN MAYNARD KEYNES’İN YAŞAMI VE İKTİSADİ DÜŞÜNCESİNİN GELİŞİMİ
John Maynard Keynes laid the groundwork for the basis of macro economics and founded the economic school of thought that has come to be known as Keynesian economics. Keynes, who had a prolific educational and professiona...