Keynesianism

2 definitions found

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

  Keynesianism \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
     government spending. See {Keynes}.


     [WordNet 1.5 +PJC]

From WordNet (r) 2.0 [wn]:

  Keynesianism
       n : the economic theories of John Maynard Keynes who advocated
           government monetary and fiscal programs intended to
           stimulate business activity and increase employment