keynesian
/ˈkeɪnziən/
Word Rarity
Rare
Frequency: Zipf frequency 2.74 in modern English
16
Scrabble Score
9
Letters
3
Syllables
7
Unique Chars
Meaning
adj
Of or pertaining to an economic theory based on the ideas of John Maynard Keynes, as put forward in his book The General Theory of Employment, Interest and Money, published in 1936 in response to the Great Depression of the 1930s, and extensively extended by a large body of followers before and after his death in 1946.
Example Sentences
- "That’s why supply and demand get out of balance in a slump, according to the so-called New Keynesian model that Fed officials and other policy makers lean on."
- "Long story short, they settled on a plan to challenge the Keynesian orthodoxy of the time: that governments existed to do things for people, that markets left entirely to their own devices tended to eat the poor, and that the occasional judicious application of public money to shared problems was not, in fact, the first step on the road to Stalinist perdition — a philosophy so radical it had just finished winning World War II."
- "We Are All Keynesians Now [title]"
- "If I'd believed in all their policies, [...] I would've been a Keynesian and a Friedmanite, a grammar school preserver and destroyer, a nationalisation freak and a privatisation maniac; but above all, I would have been a stark-staring raving schizophrenic! (laugh track)."
- "Since the 1960's the Keynesians have also come under heavy criticism by a group of economists known as Neo-Keynesians. The main contention of the Neo-Keynesians is that the Keynesians have no adequate theory on inflation."
Etymology
Etymology tree English Keynes Proto-Indo-European *-(i)yós Proto-Italic *-ijos Proto-Italic *-ios Old Latin -ios Latin -ius Proto-Indo-European *-nós Proto-Italic *-nos Proto-Italic *-ānos Latin -ānus Latin -iānusbor. English -ian English Keynesian From Keynes + -ian.
Regional Pronunciation
- American English: /ˈkeɪnziən/
Inflected Forms
Phrases
Keynesian beauty contest
Keynesian cross
Keynesian multiplier
Keynesian unemployment
neo-Keynesian
post-Keynesian
pre-Keynesian