How Did John Maynard Keynes An Investor

John Maynard Keynes: The Investor John Maynard Keynes was a British man who impacted the field of economics forever. He was so influential that the term “Keynesian Economics” today serves as a standard for many economics that have come after him. His theory impacted macroeconomics and was used by governments to improve and implement in economic policies all over the world. Keynes himself once said, “investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market” (Wasik). Keynes was regarded as a leader in macroeconomic theory, but he was also regarded as a great investor and that helped his fortune. Throughout the 1920s he was a skilled speculator. He

First, they believe that demand as a whole is influenced by an array of economic decisions and sometimes behaves unpredictably. Secondly, changes in demand, both anticipated and unanticipated, have their most impactful short-run effect on output and employment (Blinder). Third of all, Keynesians believe that prices respond slowly to changes in supply and demand. This would result in temporary and fluid shortages and surpluses. Finally, some Keynesians are more concerned about fixing unemployment rates than about conquering inflation (Blinder). This is the true Keynesian way and would be more than helpful, however, in today’s economy most economists have turned their attention to other possible solutions. In true form, only after Keynes’ death did much of the world gain inspiration from his work and started to borrow money for spending in order to eliminate unemployment. The inspiration of Keynes’ ideas was associated with the rise of liberalism in the West. While it’s popularity died down for a while, the financial crisis of 2007-2008 led to its reemergence. While Keynes’ work has been criticized and scrutinized, it cannot be doubted to have sparked new and innovative ideas from today’s