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Keynesian
Keynesian definition
Keynes·ian (kān′zē ən)
adjective
designating, of, or in accord with the economic theories of Keynes and his followers, which hold that full employment and a stable economy depend on the continued governmental stimulation of spending and investment through adjustment of interest rates and tax rates, deficit financing, etc.
noun
an adherent of these theories
Related Forms:
- Keynesianism Keynes′·ian·ism′ noun
Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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