The story
From Keynesian + -ism; named after John Maynard Keynes, British economist.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A prescriptive or normative economic stance according to which the state should actively stimulate economic growth and improve stability in the private sector through interest rates, taxation and public projects. Full definition →
From Keynesian + -ism; named after John Maynard Keynes, British economist.
Etymology from Wiktionary, CC BY-SA 4.0.