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

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

From Textbooks • Jul. 28, 2021

In the postwar years, Keynesianism settled into its perch as the new economic orthodoxy in the United States.

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

But the interest-rate question is perhaps the key difference between M.M.T. and Keynesianism.

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