keynesian

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“
Green New Deal if conceived as purely keynesian, does not constitute a solution for this reasons that Keynes took the economy of exponential growth as his starting point.

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Definitions (3)

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  1. Of or pertaining to John Maynard Keynes; conforming to the theories of Keynesianism; -- especially, the term is used to refer to the macroeconomic theories and politico-economic policies proposed by Keynes and his followers, especially in regards to their advocacy of governmental action to maintain low unemployment through government spending. Keynes's book "The General Theory of Employment, Interest, and Money" (Macmillan, 1936) had a strong influence on views of the government's role in the economy through the 1970's.

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  1. a follower of the economic theories of John Maynard Keynes
  2. of or relating to John Maynard Keynes or to his economic theories

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Examples (37)

  • Being a neo-keynesian myself I am not the most impartial person to judge. —  Citizendium, the Citizens' Compendium - Recent changes [en]
  • According to the wellknown American economists Paul Baran and Paul Sweezy, for instance, a crucial weakness underlying the policy was that the socially oriented keynesian measures of intervention were very limited in size. —  Countercurrents.org
  • Instead, the existing plans aimed at procurement of large armament systems, and other military keynesian expenditures need to be scrapped (5). —  Countercurrents.org
  • Towards this end, the German government some years ago devised a transfer mechanism which, to an extent at least, can be termed both green and keynesian. —  Countercurrents.org
  • Consecutive American governments, ever since World War Two, have employed mechanisms of economic stimulation, which were not just keynesian in kind, but should properly be termed military keynesian. —  Countercurrents.org
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