Keynesian economics

Cultural  

1. Economic theories that advocate using government spending programs to increase employment. They are based on the thinking of John Maynard Keynes.

---

Example Sentences

He studied Keynesian economics at M.I.T., ultimately becoming the first Italian to receive a doctorate there.

From New York Times

You can see this, she said, in the 1970s with stagflation, which was viewed as discrediting Keynesian economics.

From New York Times

It strongly advocated Keynesian economics — including the importance of federal deficit spending during periods of high unemployment.

From New York Times

From the space antenna to the giant public rockets to the manned astronomy mission to the outer solar system, the universe of "Ad Astra" is replete with public mega-engineering projects that recall an era of Keynesian economics and income equality that does not exist anymore and may not ever exist again as long as capitalism is the dominant economic system on the planet.

From Salon

A 2021 return to New Deal Keynesian economics, which rescued America after the Republican Great Depression and built the strongest middle class in history between 1933 and 1980, could return working-class Americans to opportunity, life, liberty, and the pursuit of happiness.

From Salon