Keynesianism

noun Keynes·ian·ism \ ˈkān-zē-ə-ˌni-zəm \

Definition of Keynesianism

: the economic theories and programs ascribed to John M. Keynes and his followers; specifically : the advocacy of monetary and fiscal programs by government to increase employment and spending

Keynesian

play \ˈkān-zē-ən\ noun or adjective

First Known Use of keynesianism

1942

in the meaning defined above

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