Keynes

Keynes  (knz), John Maynard. First Baron of Tilton. 1883-1946.

British economist who proposed that high unemployment, being a result of insufficient consumer spending, could be relieved by government-sponsored programs. He also advocated deficit spending by governments to stimulate ecomomic activity.

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Noun

1.

Keynes - English economist who advocated the use of government monetary and fiscal policy to maintain full employment without inflation (1883-1946) John Maynard Keynes Bloomsbury Group - an inner circle of writers and artists and philosophers who lived in or around Bloomsbury early in the 20th century and were noted for their unconventional lifestyles