Keynesianism

American  

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

noun

1. 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.

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Example Sentences

There’s also “saltwater” thinking, an updated version of Keynesianism that argues that the government occasionally needs to jump-start the economy.

From New York Times

Not only has Keynesianism prevailed in the world of academic ideas but also in the world of economic policy.

From New York Times

With the rise of Keynesianism in the 1930s, policymakers became more willing to run a deficit to stimulate the economy during a downturn.

From Washington Post

Still, Keynesianism could never get stamped out for too long; its tools proved to be too useful.

From New York Times

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