What are the long-lasting influences of John Maynard Keynes?

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Keynesian economics stands as the most influential economic formulation of the 20th cent., though its ascendency was vigorously challenged by monetarism in the late 20th cent. Keynes's ideas have appealed to both practical politicians and theoretical economists with equal force, perhaps because he attacked the real problems of national employment and income while still remaining faithful to the requirements of rigorous economic thought.

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Get more facts and information about Keynes, John Maynard, Baron Keynes of Tilton . Or, view the full encyclopedia entry from The Columbia Encyclopedia, Sixth Edition.

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