Keynes's idea was very simple. Monetary and fiscal policy should have a single goal, jointly pursued, of maintaining a full employment level aggregat… - Robert Skidelsky

All epoch-defining events are the result of conjunctures - the correlation of normally unconnected happenings which jolts humanity out of its existing rut and sets it on a new course.

Keynes was one of those rare persons who can both think and act at the highest level. His life falls into cycles or phases, in which the emphasis shifts from one to the other. These shifts were related to what was happening in the world. At some times, particularly during the two world wars, there was a greater demand for Keynes's practical genius, and a greater satisfaction to be had from exercising it. But the cycles can also be seen in terms of action and reaction. Periods of great intellectual effort demand their release in practical activity, while practical activity prompts, sooner or later, a yearning for the cloister. Before 1914, Keynes's desire for the cloister was uppermost, partly because he was at this period most under the immediate influence of Moore's philosophy, partly because the nature of his sexual relations fitted private life better than public life ― a point of considerable importance even today, but more so then, when homosexual acts were illegal, and the danger of blackmail much greater.

In ethics Keynes was a Platonist, in politics he was an Aristotelian. His ethics pointed him towards the ideal; his politics towards moderation.