Keynesian

[ keyn-zee-uhn ]

adjective

1. of or relating to the economic theories, doctrines, or policies of Keynes or his followers, especially the policy of maintaining high employment and controlling inflation by varying the interest rates, tax rates, and public expenditure.

noun

1. a person who maintains or supports the theories, doctrines, or policies of Keynes.

Other Words From

• Keynes·i·an·ism noun

Word History and Origins

Origin of Keynesian¹

First recorded in 1935–40; Keynes + -ian

Example Sentences

“The dominant economic assumption for really the entire post-World War II era has been that Keynesian macroeconomic management can tame the uncertainties and extremes of the economy,” Reich said.

From Los Angeles Times

You had in the 1960s when the Keynesian order collapsed and neoliberalism ended up taking place.

From Seattle Times

When he faces the King of Diamonds in a contest of chance and averages based on a concept known as The Keynesian Beauty Contest, he gives each a workout.

From Salon

Keynesian economics is largely focused on demand, changes in which, it posits, cause the business cycle to fluctuate.

From New York Times

In the Keynesian view, officials should always have their hands on the economic levers.

From Washington Post