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Keynes's Lasting Impact
- John Maynard Keynes profoundly shaped political and intellectual history with ideas still relevant today.
- He combined economics with a mission for peace and prosperity in a turbulent 20th century.
2008 Crisis Brought Keynes Back
- The 2008 financial crisis revived interest in Keynesian ideas among economists and policymakers.
- Keynes's focus was broader than economics, emphasizing peace and political leadership too.
WWI Altered Economic Views
- Pre-WWI economics was more philosophical, focusing on moral questions, not a strict profession.
- The war shattered the belief in laissez-faire markets leading to harmony, prompting new economic thinking.