Keynes definition by Webster's New World
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
Keynes, John Maynard 1st Baron Keynes 1883-1946; Eng. economist & writer
Keynes definition by American Heritage Dictionary
, John Maynard. First Baron of Tilton. 1883-1946.
British economist who proposed that high unemployment, being a result of insufficient consumer spending, could be relieved by government-sponsored programs. He also advocated deficit spending by governments to stimulate ecomomic activity.