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Keynesian Economics
(redirected from Keynesian policies)

    Also found in: Wikipedia, Hutchinson 0.01 sec.
Keynesian Economics
An economic theory stating that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and stability.

Notes:
A supporter of Keynesian economics believes it is the government's job to smooth out the bumps in business cycles. Intervention would come in the form of government spending and tax breaks in order to stimulate the economy, and government spending cuts and tax hikes in good times, in order to curb inflation.

Keynesian economics
An economic theory of British economist, John Maynard Keynes that active government intervention is necessary to ensure economic growth and stability.
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Although President Nixon began his first term by perpetuating the Keynesian policies of his predecessors, his
Randy Martin, Financialization of Daily Life by Journal of Sociology & Social Welfare
At the end of the book he asks the question, '[A]ssuming systematic Keynesian policies of growth promotion were possible, would they be desirable?
Keynesianism, Social Conflict and Political Economy. (Book Reviews) by Dinerstein, Ana C. / Capital & Class
Keynesian policies are considered as a means of stimulating growth in output and employment; speed limits to growth and the inflation constraint are investigated; and a strong argument mounted for the public sector as a job engine.
The unemployment crisis in Australia: Which way out? (Book reviews) by Courtenay, Philip / Pacific Affairs
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