Keynesianism

Keynesianism
Keynesian Keynes‧i‧an [ˈkeɪnziən] adjective ECONOMICS
relating to the ideas of John Maynard Keynes, who believed that, in a recession, the economy can be made to grow and unemployment reduced by increasing government spending and making reductions in interest rates:

• In the Keynesian model, a fall in aggregate demand leads to a fall in real income and reduces employment.

— Keynesian noun [countable] :

• the long-running debate between monetarists and Keynesians as to the precise influence of money on the economy

— Keynesianism noun [uncountable] :

• the current decline in Keynesianism

* * *

Keynesian UK US /ˈkiːnziən/ adjective ECONOMICS, GOVERNMENT
relating to the economic principles of John Maynard Keynes, especially the importance of having government programmes to encourage employment and spending: »

Keynesian economics

»

Past governments had followed an orthodox Keynesian approach and had borrowed more money to boost demand.

Keynesian noun [C]
»

He considered himself a Keynesian.

Keynesianism noun [U]
»

the economic theory known as Keynesianism


Financial and business terms. 2012.

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Look at other dictionaries:

  • Keynesianism — adj. the macroeconomic theories and politico economic policies of British economist John Maynard Keynes (1883 1946) and his followers; used especially in reference to their advocacy of governmental action to maintain low unemployment through… …   The Collaborative International Dictionary of English

  • Keynesianism — n. Keynesianism, economic theory developed by M. Keynes that advocates government intervention and raising of public spending in order to cut unemployment and avoid recessions …   English contemporary dictionary

  • Keynesianism — noun Date: 1946 the economic theories and programs ascribed to John M. Keynes and his followers; specifically the advocacy of monetary and fiscal programs by government to increase employment and spending • Keynesian noun or adjective …   New Collegiate Dictionary

  • Keynesianism — See Keynesian. * * * …   Universalium

  • Keynesianism — noun A prescriptive or normative economic stance according to which the state should actively stimulate economic growth and improve stability in the private sector through interest rates, taxation and public projects …   Wiktionary

  • Keynesianism —    A theory named after the writings of British economist John Maynard Keynes (1833–1946) based on the idea that there needs to be some governmental intervention and management of the economy to achieve economic growth and stability as well as… …   Glossary of UK Government and Politics

  • keynesianism — keynes·i·an·ism …   English syllables

  • Keynesianism — noun the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment • Hypernyms: ↑economic theory * * * ēəˌnizəm noun ( s) Usage: usually… …   Useful english dictionary

  • Military Keynesianism — is the accusation that John Maynard Keynes advocated government economic policy in which the government devotes large amounts of spending to the military in an effort to increase economic growth.[1] In fact, the English economist John Maynard… …   Wikipedia

  • Кейнсианство — (Keynesianism) Кейнсианство это экономическое учение регулируемого капитализма Экономическая школа кейнсианства, роль и законы, развитие и теория, представители кейнсианства Содержание >>>>>>>>>>> …   Энциклопедия инвестора

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