Definition of new economics 

: 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

Examples of new economics in a Sentence

Recent Examples on the Web

At a time when the survival of our democracy appeared to require the construction of a new economic order, a discredited and defeated conservative Establishment was using its residual power within the judiciary to thwart progressive change. Eric Levitz, Daily Intelligencer, "America’s Version of Capitalism Is Incompatible With Democracy," 23 May 2018 Russian stabilization and economic growth under Putin also created new economic opportunities. Fred Weir, The Christian Science Monitor, "Will Russia's involvement in Syria end up burning its ties with Israel?," 24 Apr. 2018 To use it, state officials would have to show that the extra tax dollars generated by the new economic activity would at least equal the amount of state aid spent for infrastructure work. Jon Chesto,, "Lawmakers take ax to Baker’s new $100M job-creation proposal," 14 June 2018 These steps could yield new economic opportunity and a reinforced dynamic for peace—but the pitfalls remain numerous. Brian Finlay, Fortune, "Businesses Are Salivating Over an Open North Korea. Should They Be?," 20 June 2018 Di Maio, the new economic development minister, reported for work after the parade to his ministry, which would have otherwise been closed for the holiday. Nicole Winfield,, "New Italian government vows to create jobs, deport migrants," 2 June 2018 Trump visits North Dakota as new economic data show the state falling behind its Midwestern neighbors amid concerns about an escalating trade war with China. Samuel Chamberlain, Fox News, "Trump rallies for GOP Senate candidate Kevin Cramer in North Dakota," 27 June 2018 Most major importers of Iranian crude have balked at Washington’s new economic offensive against Tehran. Ian Talley, WSJ, "U.S. Toughens Stance on Future Iran Oil Exports," 26 June 2018 Goals include identifying new economic development and transportation opportunities. Karen Huppertz, ajc, "Grayson invites public to help shape comprehensive plan," 21 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'new economics.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of new economics

1928, in the meaning defined above

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Last Updated

28 Aug 2018

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The first known use of new economics was in 1928

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to reject or criticize sharply

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