John Maynard Keynes

Noun

Meaning

English economist who advocated the use of government monetary and fiscal policy to maintain full employment without inflation (1883-1946)

Synonyms

Examples

Thanks to the work of John Maynard Keynes and of Milton Friedman, we now have a better understanding of how governments can (at least in principle) reduce the severity of major economic downturns. Keynesian economics taught us that government spending can raise GDP and reduce unemployment. Martin Feldstein

In July 1944, at the Mount Washington Hotel in the resort town of Bretton Woods in the White Mountains of New Hampshire, John Maynard Keynes and Harry Dexter White created the New World Order. Pat Buchanan

The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare. Ben Bernanke

British economist John Maynard Keynes imagined that the IMF would be a cooperative fund upon which member states could draw to maintain economic activity and employment through periodic crises. Source: Internet

Complex adaptive system Dynamic network analysis Keynesian economics main John Maynard Keynes (right), was a key theorist in economics. Source: Internet

In 1936, when John Maynard Keynes published “The General Theory of Employment, Interest and Money,” global price movements were sluggish. Source: Internet

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