Keynesian

(redirected from Keynesian economics)
Also found in: Thesaurus, Financial, Encyclopedia, Wikipedia.
Related to Keynesian economics: Austrian economics

Keynes·i·an

 (kān′zē-ən)
adj.
Of or relating to the economic theories of John Maynard Keynes, especially those theories advocating government monetary and fiscal programs designed to increase employment and stimulate business activity.
n.
A supporter of Keynes's economic theories.

Keynes′i·an·ism n.

Keynes•i•an

(ˈkeɪn zi ən)

adj.
1. pertaining to the economic theories of Keynes, esp. that the level of national income and employment both depend on consumption and investment spending.
n.
2. an advocate of the theories of Keynes.
[1935–40]
Keynes′i•an•ism, n.

Keynesian

Typical of the economic theories of John Maynard Keynes, particularly of his belief that governments must use monetary and fiscal regulation to keep unemployment down.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.Keynesian - a follower of the economic theories of John Maynard Keynes
follower - a person who accepts the leadership of another
Adj.1.Keynesian - of or relating to John Maynard Keynes or to his economic theories
Translations
keynésien

Keynesian

[ˈkiːnzɪən] ADJ & Nkeynesiano/a m/f
References in periodicals archive ?
Keynesian economics was created to explain this failure of supply and demand.
Whereas the Great Depression of the 1930s produced Keynesian economics, and the stagflation of the 1970s produced Milton Friedman's monetarism, the Great Recession has produced no similar intellectual shift.
This doctrine took hold with the monetarist counter-revolution against Keynesian economics that resulted from the inflationary crises of the 1970s.
Just query "Keynes" or "Keynesian" on your Kindle search function, and you'll be guided to Dahlen's discussion of Keynesian economics, how it encourages the growth of government, its potential for economic destruction, and some helpful footnote references.
Austrian and Keynesian economics have been traditionally viewed as diametrically opposed to each other.
Summary: When the economy slows, unemployment rises and consumption slumps, smart policymakers blow the dust off their Keynesian economics books and try to figure out which amount of government expenditure coupled with tax cuts would make optimal capital available to stimulate a prosperous cycle.
In Advanced introduction to post Keynesian economics he enumerates six core post Keynesian propositions, which, we would have thought, should by now be broadly accepted among political economists.
In America, the White House and the Federal Reserve mainly stayed faithful to standard Keynesian economics.
On Keynesian Economics and the Economics of Keynes: A Study in Monetary Theory.
In addition to partial debt relief, sound Keynesian economics would suggest some increased social spending and public infrastructure projects to create employment.
The 1980s were a triumph of Keynesian economics, because "events played out exactly the way Keynesian-leaning textbooks said they would.