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Keynesian economics |
Also found in: Financial, Wikipedia | 0.06 sec. |
Keynesian economicsThe economic theory of English economist John Maynard Keynes, which argues that a fall in national income, lack of demand for goods, and rising unemployment should be countered by increased government expenditure to stimulate the economy. It is opposed by monetarists (see monetarism). How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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For just as we were all socialists once, all Keynsians once, and all Brooklyn Dodger fans once, we are all postmodernists now. |
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