Keynesianism


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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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Keynesianism

the economic theories of John Maynard Keynes (1883-1946), English economist, and his advocates, especially his emphasis upon deficit spending by government to stimulate business investment. — Keynesian, n., adj.
See also: Economics
-Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.Keynesianism - the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment
economic theory - (economics) a theory of commercial activities (such as the production and consumption of goods)
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
keynesianismo
References in periodicals archive ?
People have been backed into ideology -- Keynesianism and Modern Monetary Theory -- and ventured into uncharted territory.
Keynesianism fell out of favor during the stagflation of the 1970s, when both unemployment and inflation rose simultaneously in the U.S.
The three Italian authors of a new book called Austerity: When it Works and When it Doesn't present a radical challenge to textbook Keynesianism.
Conversely, Keynesianism cannot abide such monetary arrangements as the gold standard, which inhibit governmental plans for fiscal expansion.
In the long run we are all dead: Keynesianism, political economy and revolution
Plain liberalism, libertarianism, Neo-liberalism on the one hand, Keynesianism, neo-Keynesianism, institutionalism, post-Keynesianism, public choice on the other.
They share, in a somewhat mitigated but essentially similar form, Keynesianism's privileging of consumptive preferences over productive purposes, and its reductive inability to think cross-generationally.
He confesses it when he says, "[m]y theory can comprise many of these things--Marxism, Keynesianism, neoclassical economics--but not just adding it, but putting them in a very special argument.
France's Socialist technocrats appear to have concluded from the failed Mitterrand experiment with Keynesianism in the early 1980s that domestic economic management was no longer possible, and that there was no real alternative to financial globalisation.
In Letter 1, Block congratulates Cochrane for his critical analysis of Keynesianism, but also criticizes him for supporting a variety of this very viewpoint.
Under the plan investment in the economy through public works is the way to stimulate the economy and combat recession as envisaged by the founder of Keynesianism, John Maynard Keynes.
The solution to the stagnation was the devising of "commercial Keynesianism," which went beyond government-stimulated interventions to include tax cuts and low interest rates to generate business activity.