Keynesianism

[kayn-zee-uhn-iz-uhm]

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

Ms. Takaichi’s best course under these circumstances may be to embrace a modified 21st-century version of what American lefties used to call “military Keynesianism.”

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While gesturing to free markets, he called on Vance to implement an industrial policy rooted in the defense industry, which would, in some ways, continue President Joe Biden’s project of military Keynesianism.

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

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

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Its entire economy, a "military Keynesianism," revolves around the war industry.

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