new economics

noun

plural in form but usually singular in construction
: an economic concept that is a logical extension of Keynesianism and that holds that appropriate fiscal and monetary maneuvering can maintain healthy economic growth and prosperity indefinitely

Word History

First Known Use

1928, in the meaning defined above

Time Traveler
The first known use of new economics was in 1928

Browse Nearby Words

Cite this Entry

“New economics.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/new%20economics. Accessed 11 Sep. 2025.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!