This economist argued that countries should avoid deflation even if it causes their currency to depreciate in A Tract on Monetary Reform. He dismantled classical theory in favor of logical-relationist theory in A Treatise on Probability. He argued against the gold standard in The Economic Consequences of Mr. Churchill, and referred to the Treaty of Versailles as a Carthaginian peace in another work, entitled The Economic Consequences of the Peace. For 10 points, name this British economist who wrote General Theory of Employment, Interest, and M
This economist argued that countries should avoid deflation even if it causes their currency to depreciate in A Tract on Monetary Reform. He dismantled classical theory in favor of logical-relationist theory in A Treatise on Probability. He argued against the gold standard in The Economic Consequences of Mr. Churchill, and referred to the Treaty of Versailles as a Carthaginian peace in another work, entitled The Economic Consequences of the Peace. For 10 points, name this British economist who wrote General Theory of Employment, Interest, and Money and advocated governmental intervention in the economy.
This economist argued that countries should avoid deflation even if it causes their currency to depreciate in A Tract on Monetary Reform.
John Maynard Keynes