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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

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

From New York Times • Sep. 10, 2021

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

From Textbooks • Jul. 28, 2021

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

The middle ground that we came to in financial markets is what we call Keynesianism.

From Slate • Aug. 29, 2018

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