Keynes

American  

[keynz] / keɪnz /

noun

1. John Maynard, 1st Baron, 1883–1946, English economist and writer.

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Keynes British  

/ keɪnz /

noun

1. John Maynard, 1st Baron Keynes. 1883–1946, English economist. In The General Theory of Employment, Interest and Money (1936) he argued that unemployment was characteristic of an unregulated market economy and therefore to achieve a high level of employment it was necessary for governments to manipulate the overall level of demand through monetary and fiscal policies (including, when appropriate, deficit financing). He helped to found the International Monetary Fund and the World Bank

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Other Word Forms

• Keynesian adjective
• Keynesianism noun

Example Sentences

As John Maynard Keynes observed, “Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.”

From MarketWatch

ATG has operated Milton Keynes Theatre since it opened in 1999, but the proposed new venue would allow for "larger-scale music performances and live experiences".

From BBC

Oxford, battling to avoid relegation from the Championship, needed penalties to see off Milton Keynes Dons 4-3 on penalties after being held to a 1-1 draw by the League Two side.

From Barron's

Mr. Grantham has no time for central bankers and most economists, with the exception of John Maynard Keynes.

From The Wall Street Journal

Economist John Maynard Keynes suggested that the government pay people to dig holes in the ground and then fill them up.

From The Wall Street Journal