Keynesianism

American

[kayn-zee-uhn-iz-uhm] / ˈkeɪn zi ənˌɪz əm /

noun

the economic theories or policies of John Maynard Keynes or his followers, especially the view that free-market capitalism should is best managed through modest government intervention and regulation.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Keynesianism dominated U.S. fiscal or spending policy from the 1930s to the 1970s.

From Textbooks • Jul. 28, 2021

As much as Franklin Roosevelt didn’t like running a deficit, his New Deal offered one version of how Keynesianism worked; World War II offered another.

From New York Times • May 20, 2020

So Friedman, Hayek and others met in 1947 at Hotel du Parc and formed The Mont Pelerin Society to fight Keynesianism and Marxism.

From Salon • Nov. 30, 2019

This is, basically, standard Keynesianism: spending during downturns, which then tapers as the economy reaches full employment.

From The New Yorker • Aug. 20, 2019

The middle ground that we came to in financial markets is what we call Keynesianism.

From Slate • Aug. 29, 2018

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023