Keynesian economics

Cultural Dictionary
Keynesian economics [(kayn-zee-uhn)]

Economic theories that advocate using government spending programs to increase employment. They are based on the thinking of John Maynard Keynes.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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