Associations to the word «Keynesianism»

Wiktionary

KEYNESIANISM, noun. (economics) A prescriptive or normative economic stance according to which the state should actively stimulate economic growth and improve stability in the private sector through interest rates, taxation and public projects.

Dictionary definition

KEYNESIANISM, noun. The economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment.

Wise words

The chief virtue that language can have is clearness, and nothing detracts from it so much as the use of unfamiliar words.
Hippocrates