person
John Maynard Keynes
British economist (1883–1946). Author of *The General Theory of Employment, Interest and Money* (1936). The intellectual founder of macroeconomics as a discipline.
Stub entry.
Keynes’s General Theory (1936) is the founding text of macroeconomics in its modern sense. His arguments — that aggregate demand can fall short of full-employment output, that wage rigidity makes the gap persistent, that fiscal action can close it — are the substance against which every subsequent tradition has positioned itself, in agreement, in revision, or in opposition.