Keynesian

2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Keynesian \Keynesian\ adj.
     1. Of or pertaining to John Maynard Keynes; conforming to the
        theories of Keynesianism; -- especially, the term is used
        to refer to the macroeconomic theories and
        politico-economic policies proposed by 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 sense 1]
        [WordNet 1.5 +PJC]
  
     2. A believer in the theories of Keynesianism.
        [PJC]

From WordNet (r) 2.0 [wn]:

  Keynesian
       adj : of or relating to John Maynard Keynes or to his economic
             theories