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<p><b>John Maurice Clark</b> (1884-1963) was an American <a href="page.php?w=economist">economist</a> whose work combined the rigor of traditional economic analysis with an <a href="page.php?w=Institutional_economics">"institutionalist"</a> attitude. Clark was a pioneer in developing the notion of <a href="page.php?w=workable_competition">workable competition</a> and the theoretical basis of modern <a href="page.php?w=Keynesian_economics">Keynesian economics</a>, including the concept of the <a href="page.php?w=economic_multiplier">economic multiplier</a>.</p><p>
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