John Neville Keynes
Encyclopedia
John Neville Keynes was a British economist
and father of John Maynard Keynes
.
, he was the son of Dr John Keynes (1805–1878) and his wife Anna Maynard Neville (1821–1907). He was educated at Amersham Hall School, University College London
and Pembroke College
, Cambridge
, where he became a fellow in 1876. He held a lectureship in Moral Science from 1883 to 1911. He was elected as Registrary
in 1910, and held that office until 1925.
He divided Economy into "positive economy" (the study of what is, and the way the economy works), "normative economy" (the study of what should be), and the "art of economics" (applied economics
). The art of economics relates the lessons learned in positive economics to the normative goals determined in normative economics. He tried to synthesise deductive
and inductive reasoning
as a solution to the "Methodenstreit
". His main works were:
He married, in 1882, Florence Ada Brown (who was later a Mayor of Cambridge). They had two sons and a daughter:
He outlived his elder son by three years and died aged 97.
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
and father of John Maynard Keynes
John Maynard Keynes
John Maynard Keynes, Baron Keynes of Tilton, CB FBA , was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, as well as the economic policies of governments...
.
Biography
Born in SalisburySalisbury
Salisbury is a cathedral city in Wiltshire, England and the only city in the county. It is the second largest settlement in the county...
, he was the son of Dr John Keynes (1805–1878) and his wife Anna Maynard Neville (1821–1907). He was educated at Amersham Hall School, University College London
University College London
University College London is a public research university located in London, United Kingdom and the oldest and largest constituent college of the federal University of London...
and Pembroke College
Pembroke College, Cambridge
Pembroke College is a constituent college of the University of Cambridge, England.The college has over seven hundred students and fellows, and is the third oldest college of the university. Physically, it is one of the university's larger colleges, with buildings from almost every century since its...
, Cambridge
University of Cambridge
The University of Cambridge is a public research university located in Cambridge, United Kingdom. It is the second-oldest university in both the United Kingdom and the English-speaking world , and the seventh-oldest globally...
, where he became a fellow in 1876. He held a lectureship in Moral Science from 1883 to 1911. He was elected as Registrary
Registrary
The Registrary is the senior administrative officer of the University of Cambridge. The term is unique to Cambridge, and uses an archaic spelling...
in 1910, and held that office until 1925.
He divided Economy into "positive economy" (the study of what is, and the way the economy works), "normative economy" (the study of what should be), and the "art of economics" (applied economics
Applied economics
Applied economics is a term that refers to the application of economic theory and analysis. While not a field of economics, it is typically characterized by the application of economic theory and econometrics to address practical issues in a range of fields including labour economics, industrial...
). The art of economics relates the lessons learned in positive economics to the normative goals determined in normative economics. He tried to synthesise deductive
Deductive reasoning
Deductive reasoning, also called deductive logic, is reasoning which constructs or evaluates deductive arguments. Deductive arguments are attempts to show that a conclusion necessarily follows from a set of premises or hypothesis...
and inductive reasoning
Inductive reasoning
Inductive reasoning, also known as induction or inductive logic, is a kind of reasoning that constructs or evaluates propositions that are abstractions of observations. It is commonly construed as a form of reasoning that makes generalizations based on individual instances...
as a solution to the "Methodenstreit
Methodenstreit
Methodenstreit is a German term referring to an intellectual controversy or debate over epistemology, research methodology, or the way in which academic inquiry is framed or pursued...
". His main works were:
- Studies and Exercises in Formal Logic (1884)
- The Scope and Method of Political Economy (1891)
He married, in 1882, Florence Ada Brown (who was later a Mayor of Cambridge). They had two sons and a daughter:
- John Maynard KeynesJohn Maynard KeynesJohn Maynard Keynes, Baron Keynes of Tilton, CB FBA , was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, as well as the economic policies of governments...
(1883–1946), the economist. - Geoffrey KeynesGeoffrey KeynesSir Geoffrey Langdon Keynes was an English biographer, surgeon, physician, scholar and bibliophile...
(1887–1982), a surgeon. - Margaret Neville Keynes (1885–1974), who married Archibald HillArchibald HillArchibald Vivian Hill CH OBE FRS was an English physiologist, one of the founders of the diverse disciplines of biophysics and operations research...
(winner of the 1922 Nobel Prize for Physiology) in 1913.
He outlived his elder son by three years and died aged 97.