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.

---

Example Sentences

See Examples For:

Keynesianism

Mankiw is considered a leader of a school of economic thought called New Keynesianism.

From The Wall Street Journal ● Aug. 21, 2026

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

This is, basically, standard Keynesianism: spending during downturns, which then tapers as the economy reaches full employment.

From The New Yorker ● Aug. 20, 2019