Definitions for keynesianism
Random House Webster's College Dictionary
Keynes•i•anˈkeɪn zi ən(adj.)
pertaining to the economic theories of Keynes, esp. that the level of national income and employment both depend on consumption and investment spending.
(n.)an advocate of the theories of Keynes.
Origin of Keynesian:
the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment
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.
Origin: Named after John Maynard Keynes.
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