Word:

Keynesianism

adj.1.the macroeconomic theories and politico-economic policies of British economist John Maynard Keynes (1883-1946) and his followers; - used especially in reference to their advocacy of governmental action to maintain low unemployment through government spending. See Keynes.
Noun1.Keynesianism - the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment
economic theory
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