How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?

In the 1920s

Keynes had completed his A Treatise on Probability before the war but publiJohn Maynard Keynesd it in 1921. Aside from a few months spent on holidays with family and friends Keynes continued to involve himself with the university over the next two years.

In 1942 Keynes was awarded a hereditary peerage as Baron Keynes of Tilton in the County of Sussex. He advocated the use of fiscal and monetary measures to mitigate the adverse effects of economic recessions and depressions. Keynesian economics provided the theoretical underpinning for economic policies undertaken in response to the crisis by Presidents George W.