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John Maynard Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas have affected the theory and practice of modern macroeconomics, and informed the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the founders of modern macroeconomics and the most influential economist of the 20th century.
His ideas summarized:
He believed that markets cannot regulate themselves and that
governments interfering was helpful to all citizens of their country.
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