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KeynesianenUK
Keynes·i·an K0046700 (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. KeynesianTypical of the economic theories of John Maynard Keynes, particularly of his belief that governments must use monetary and fiscal regulation to keep unemployment down.ThesaurusNoun | 1. | Keynesian - a follower of the economic theories of John Maynard Keynesfollower - a person who accepts the leadership of another | Adj. | 1. | Keynesian - of or relating to John Maynard Keynes or to his economic theories | TranslationsEncyclopediaSeeKeynesianismKeynesianenUK
KeynesianA scholar or other person who believes that government intervention is necessary to ensure an active and vibrant economy. According to this theory, government should stimulate demand for goods and services in order to encourage economic growth. It thus recommends tax cuts and increased government spending during recessions to reinvigorate growth; likewise, Keynesians recommend tax increases and spending cuts during economic expansion in order to combat inflation. Many economists believe that Keynesian economic theory is more efficient than supply-side economics, though critics point to the theory's inability to explain stagflation in the United States during the 1970s.KeynesianenUK Related to Keynesian: Keynesian beauty contestWords related to Keynesiannoun a follower of the economic theories of John Maynard KeynesRelated Words |