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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 ?
Skidelsky and the Keynesians regard the notion of expansionary fiscal contraction as bizarre and outrageous, and have not been shy in denouncing their Italian antagonists, who have been labelled "the Bocconi boys" because most of them have taught at Bocconi University in Milan.
Keynesians, though, believe that the adjustment will, without changes in policy, consist of prolonged declines in employment and output.
For starters, there is his answer to Queen Elizabeth II's now-famous question: "Why did no one see it coming?" Krugman's cheerful response is that the New Keynesians were looking the other way.
Keynesians are all 'fretting public intellectuals' (p.367) and, though Keynesianism is policymakers' 'principal way of knowing' (p.371), their objective--to redress 'tendential self-impoverishment'--risks becoming undemocratic.
There is a sense in which even the anti-Keynesians are all Keynesians now.
Your recent critique of the Keynesians was nothing short of magnificent.
They marginalized Keynesians and breathlessly re endorsed the old pre 1929 neoclassical" economics that exalted private enterprise and free markets as guarantors of prosperity.
Much later, Keynesians came to posit that people had trouble distinguishing between nominal and real wages.
But King also argues that neoclassical-synthesis Keynesians and non-mainstream economists of various stripes (himself included!) can too easily lapse into microfoundations habits of thinking, and much of his attention is directed at this tendency.
For decades the battle was between the Keynesians and the Monetarists, adherents of Milton Friedman's system of thinking.
The consensus seems to be that the collapse was Hayekian rather than Keynesian--that is, due to excessive credit creation by the banking system, rather than to a surplus of intended savings over investment--but that a Keynesian stimulus was needed to stop a slide into another Great Depression ("we are all Keynesians in the foxhole," said Nobel Prize winner Robert Lucas).
It is strange that for most commentators the only relevant debate was between Keynesians and monetarists.