Keynesian

Keynesian
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]


The Collaborative International Dictionary of English. 2000.

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