At the end of 2008, Verband Deutscher Treasurer commissioned a survey to examine the functions of a corporate treasury. We discuss the results.
John Maynard Keynes. Who was 'John Maynard Keynes'. John Maynard Keynes was a 19th-century British philosopher and economist who spent his working years with the East India Company and is known as the father of Keynesian economics.
John Maynard Keynes created the consumption formula to show the relationship between disposable income and the total amount consumers spend. The formula is C = A + MD. That is to say, C (consumer spending) equals A (autonomous consumption) added to the product of M (marginal propensity to consume) and D (true disposable income). Keynes' formula is a staple in consumer economics.