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Definition 2024


Keynesian

Keynesian

English

Adjective

Keynesian (comparative more Keynesian, superlative most Keynesian)

  1. (economics) Of or pertaining to an economic theory based on the ideas of John Maynard Keynes, as put forward in his book The General Theory of Employment, Interest and Money, published in 1936 in response to the Great Depression of the 1930s, and extensively extended by a large body of followers before and after his death in 1946.

Derived terms

  • Keynesian unemployment
  • post-Keynesian

Translations

Noun

Keynesian (plural Keynesians)

  1. (economics) A proponent of Keynesian economic doctrine.
    • 2010, Paul Joseph Watson, Iran To Dump 45 Billion Euros For Gold Bullion & Dollars:
      Sinking to as low as $1.2111 yesterday, the euro staged a rapid and dramatic recovery against the dollar, soaring back to 1.2339, an intraday move of 250 pips and a transparent intervention that had “all the grace of a drunk Keynesian at an Austrian economists meeting,” reports Zero Hedge.

Translations