Maynard rise
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Figure 32.3 World War II Ends the Great Depression Increased U.S. government purchases, prompted by the beginning of World War II, ended the Great Depression. By 1942, increasing aggregate demand had pushed real GDP beyond potential output. For Keynesian economists, the Great Depression provided impressive confirmation of Keynes’s ideas.John Maynard Keynes was an early 20th-century British economist, known as the father of Keynesian economics. His theories of Keynesian economics addressed, among other things, the causes of long ...An effect of the field's uptake by mathematical modellers trained in mathematics, economics and physics meant a sharp rise in mathematical standards. Maynard Smith often remained, for these mathematicians, the biologist to be consulted over the plausibility of a model's assumptions.
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