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Participation of John Maynard Keynes in the Celebration of the 200th Anniversary of the Russian Academy of Sciences in September 1925

Author

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  • Yurii Goland

    (Russian Academy of Sciences - Institute of Economics)

Abstract

The article is devoted to the visit of the famous English economist John M. Keynes in the USSR in September 1925 at the celebration of the 200th anniversary of the Russian Academy of Sciences. The reasons for the refusal of many foreign scientists attend the anniversary are revealed. It reviews the obstacles to the economic development in the USSR that Keynes pointed out during the conversation with Politburo member G. Zinoviev. It was found that the price policy advocated by Keynes in his speech at the People’s Commissariat of Finance was close to the approach of the USSR Commissar of Finance G.Sokolnikov. The author draws attention to Keynes’ considerations about the use of NEP experience in preparation of his proposals for reforming the capitalist system.

Suggested Citation

  • Yurii Goland, 2025. "Participation of John Maynard Keynes in the Celebration of the 200th Anniversary of the Russian Academy of Sciences in September 1925," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 262-267, March.
    • Handle: RePEc:nwe:eajour:y:2025:i:1:p:262-267
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    More about this item

    Keywords

    new economic policy; regulated capitalism; pricing policy; scientific cooperation;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • P11 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Planning, Coordination, and Reform

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