Word Study
Keynesian
CIDE DICTIONARY
Keynesian, adj.
- Of or pertaining to
John Maynard ; conforming to the theories of Keynesianism; -- especially, the term is used to refer to the macroeconomic theories and politico-economic policies proposed byKeynes Keynes and his followers, especially in regards to their advocacy of governmental action to maintain low unemployment through government spending. Keynes's book “The General Theory of Employment, Interest, and Money” (Macmillan, 1936) had a strong influence on views of the government's role in the economy through the 1970's. [WordNet 1.5] - A believer in the theories of Keynesianism. [PJC]
OXFORD DICTIONARY
Keynesian, adj. & n.
--adj. of or relating to the economic theories of J. M. Keynes (d. 1946), esp. regarding State control of the economy through money and taxation.
--n. an adherent of these theories.
--adj. of or relating to the economic theories of J. M. Keynes (d. 1946), esp. regarding State control of the economy through money and taxation.
--n. an adherent of these theories.
Derivative
Keynesianism n.
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