This author of Treatise on Probability promoted "compulsory saving" to prevent inflation in his How to Pay for the War, and warned that excessive reparations against Germany following World War I would be disastrous in his The Economic Consequences (*) of the Peace. He also wrote about the multiplier effect and aggregate de
This author of Treatise on Probability promoted "compulsory saving" to prevent inflation in his How to Pay for the War, and warned that excessive reparations against Germany following World War I would be disastrous in his The Economic Consequences (*) of the Peace. He also wrote about the multiplier effect and aggregate demand in a work arguing that governments should operate under deficits when the economy is slow. For 10 points, name this author of The General Theory of Employment, Interest, and Money, a British economist.
This author of Treatise on Probability promoted "compulsory saving" to prevent inflation in his How to Pay for the War, and warned that excessive reparations against Germany following World War I would be disastrous in his The Economic Consequences (
John Maynard Keynes