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Keynes

[ keynz ]

noun

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


Keynes

/ keɪnz /

noun

  1. KeynesJohn Maynard18831946MEnglishSOCIAL SCIENCE: economist 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
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Derived Forms

  • ˈKeynesianˌism, noun
  • ˈKeynesian, adjectivenoun
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Example Sentences

It’s true that today the system seems on the edge of transformation, but not in the way Keynes hoped.

Keynes famously said that ‘the boom, not the slump, is the time for austerity.’

But it may also be because Smith and Hume do have a point, one that Keynes would agree with.

"You can't make a fat man skinny by tightening his belt," observed John Maynard Keynes.

Ironically, Keynes was even more averse to Americans than to Poles.

To his eyes, Washington was dominated by lawyers, all speaking incomprehensible legalese—or, as Keynes put it, “Cherokee”.

M. Clemenceau sat with Signor Orlando in the more central chairs of a semicircle of four in front of the fire, says Keynes.

Mr. Keynes ignores the fortunes made by deliberately cornering and withholding commodities in a time of shortage.

The outward rule of the anchoresses of Tarrant Keynes was by no means rigorous.

Normally, says Dr. Geoffrey Keynes, a person has fifteen thousand millions of blood corpuscles circulating in his body.

Mr. Wilson was not so utterly "bamboozled" as Mr. Keynes would have us believe.

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key moneyKeynesian