Classical Political Economy Of Social Democracy - 1288 Words

John Maynard Keynes Jose Antonio Cova Principles of Economics (Macro) 2013 Professor Sealey September 27,2014 Keynes, one of the bastions of classical political economy of social democracy, was born in 1883 in Cambridge. After studying at Eton and graduating as an economist at Cambridge University, he went to work in the British India Office. Contact with the performance of the Indian economy was the basis of his first work, the money and finance in India, published in 1913 and well known then. During the course of World War I (1914-1918) worked for the Treasury, and after completion of this represented England at the Paris Conference in 1919 she railed fiercely against financial compensation imposed on Germany by the Treaty of Versailles, and so forth in The Economic consequences of the Peace (1919), a work in which he warned of the risk that Germany took refuge in militarism and economic nationalism to avoid crisis. During the 20s, Keynes set out to make money by speculating in currencies, teaching at Cambridge and write three works: the Treaty of probabilities, a book about mathematics an d the Treaty of money. In 1936 published what would be his most important work, The General Theory of Employment, Interest and Money. It sets out the broad outlines of a new economic policy that constitute the mainstay of social democratic premises, and in this work we will deal later. Shortly after the entry of Britain in World War II came to light your work How to pay for the warShow MoreRelatedNz Ideology Essay1419 Words   |  6 PagesGovernment Essay Question - Do political parties in New Zealand follow this Ideology? Choose three specific policy commitments each from different New Zealand political parties and discuss the extent to which the policies reflect a clear ideology. It is important for New Zealand parties to have a clear ideology and policies since the 2014 election is coming up. 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