Keynesianism

English dictionary entry

Meanings

noun
  1. 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.

Pronunciation

/ˈkeɪnziənɪz.m̩/

Word forms

Keynesianism Keynesianisms

Etymology

From Keynesian + -ism; named after John Maynard Keynes, British economist.

Related words

Derived words

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