The Ten Most Influential Economists of All Time
in association with Queen Mary, University of London
The economy has a huge impact on the quality of our lives, those whom have had an effect on the policy adopted, how it functions and the economy's health remain influential both during their tenure and for generations after. Here the Complete University Guide draws up its list of those we consider the most influential economists of all time:
John Maynard Keynes 1883–1946
British economist, John Maynard Keynes argued against the long held view that free markets would automatically provide full employment, spearheading a revolution in economic thinking. He proposed that state intervention is required during boom and bust cycles of the economy, a policy adopted by most western economies during the thirties. Although this went out of fashion by the seventies, the world has seen a return to Keynesian policy during the recent global economic crisis, notably in the UK where Gordon Brown increased fiscal stimulus in an attempt to combat recession.
Next page: Eight Reasons to Study an Economics Degree