Keynes, John Maynard

Cultural Dictionary
Keynes, John Maynard [(kaynz)]

A British economist of the early twentieth century who rejected traditional theories of the free market and advocated vast government spending in times of recession, even at the risk of unbalancing the budget.

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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