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Keynesian
[ keyn-zee-uhn ]
adjective
- of or relating to the economic theories, doctrines, or policies of Keynes or his followers, especially the policy of maintaining high employment and controlling inflation by varying the interest rates, tax rates, and public expenditure.
noun
- a person who maintains or supports the theories, doctrines, or policies of Keynes.
Other Word Forms
- Ա··· noun
Word History and Origins
Origin of Keynesian1
Example Sentences
Chamberlain said he endorsed Buckley's criticism that Yale faculty was "skeptical of any religion and interventionist and Keynesian as to economics and collectivist as applied to the relation of the individual and government."
“The dominant economic assumption for really the entire post-World War II era has been that Keynesian macroeconomic management can tame the uncertainties and extremes of the economy,” Reich said.
You had in the 1960s when the Keynesian order collapsed and neoliberalism ended up taking place.
When he faces the King of Diamonds in a contest of chance and averages based on a concept known as The Keynesian Beauty Contest, he gives each a workout.
Keynesian economics is largely focused on demand, changes in which, it posits, cause the business cycle to fluctuate.
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