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Related to Keynesian economics: Austrian economics


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.
A supporter of Keynes's economic theories.

Keynes′i·an·ism n.


(ˈkeɪn zi ən)

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


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


[ˈkiːnzɪən] ADJ & Nkeynesiano/a m/f
References in periodicals archive ?
The return on its investment has been one of the wealthiest economies in human history - the perfect example of Keynesian economics.
Only professional economists imbued with the theories of economic growth, with the intricacies of modern macro and labor economics, a good understanding of Keynesian economics, and the patience to persevere through the model building, regression equations, statistics, and the many acronyms unique to economics will fully appreciate what the book intends to show.
To his credit, Bartlett recognizes that Keynesian economics is "mainly a rationale for things that governments everywhere wanted to do anyway.
With unemployment expected to top 10 percent and remain there for a year or more, it is increasingly clear that this latest adventure in Keynesian economics will be no more successful than any in the past.
When I was a student I used to be continually reading economic texts about post Keynesian economics.
During my relatively brief lifetime we have championed Keynesian economics, dismissed it as dangerous rubbish, embraced free market greed, only to jettison that in favour of, you've guessed it, Keynesian economics.
Davidson, Paul, "Setting the record Straight on A History of Post Keynesain Economics," Journal of Post Keynesian Economics, Vol.
He should know better than to suggest that all pursuit of discretionary policy is an attempt to return to the golden days of Keynesian economics.
Through the 1960s, a group of moderate Republicans known as the Ripon Society served as the party's liberal conscience, pushing Keynesian economics and urging racial reconciliation.
In addition, the core idea of Keynesian economics -- that an activist government could continually pull the levers of monetary and fiscal policy to offset macroeconomic shocks emanating from the private sector -- has long since been discredited.
In Full Employment and Free Trade, published in 1945 by Cambridge University Press, Polanyi synthesized Keynesian economics and the monetary school of economics later associated with Milton Friedman.
He made no secret that he wanted tax harmonisation, that he was an advocate of Keynesian economics and that his long-term ambition was to create a Untied States of Europe.