Piero Sraffa
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Piero Sraffa FBA was an influential Italian political economist who served as lecturer of economics at the University of Cambridge. His book Production of Commodities by Means of Commodities is taken
Sraffa
Sraffa, c. 1928.
John Maynard Keynes
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John Maynard Keynes, 1st Baron Keynes, was an English economist whose writings are considered the basis for the school of thought known as Keynesian economics, as well as its various offshoots. Origin
Piero Sraffa
…a president of the Italian Republic. From 1921 to 1922, he studied at the London School of Economics. During this period, at Cambridge, he met twice John Maynard Keynes, who invited him to a collaboration. This request led Sraffa to write two articles about the Italian banking system published in 1922, the first (The…
Keynes in 1929
King's College, Cambridge. Keynes's grandmother wrote to him saying that, since he was born in Cambridge, people will expect him to be clever.
Prime Minister David Lloyd George. Keynes was initially wary of the "Welsh Wizard," preferring his rival Asquith, but was impressed with Lloyd George at Versailles; this did not deter Keynes from painting a scathing picture of the then-prime minister in The Economic Consequences of the Peace.
The Great Depression and its periods of worldwide economic hardship formed the backdrop against which the Keynesian Revolution took place. This image is Migrant Mother, taken by photographer Dorothea Lange in March 1936.