British economist famous for pioneering "demand-side" economics after the great depression.
Wrote the book "A Treatise on Monetary Reform" where he argued that the mean (average) for a How to think like a Banker (Reading List) is "proportional to lending and borrowing" rates in that currency[1]
Soviet political economists dismissed him as "Malthusian" in their publication of Marx's "Theories of Surplus Value"[2]
Bretton Woods:
- Attended the Bretton Woods Conference where he argued for having an international clearing union to handle credit in international trade, but it was dismissed by Harry Dexter White in favor of dollar hegemony.
- Prior to the conference, Keynes begin drafting the written proposal for the international clearing union in the summer of 1941
[1] youtube.com/watch?v=UoGlUZPNouM
[2] "[Economists like Keynes] shamelessly repeat the reactionary idea of Malthus, exposed by Marx, of the salutary role of the unlimited growth of unproductive consumption as a means to fight economic crises." marxists.org/archive/marx/works/1863/theories-surplus-value/preface.htm