(n)the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment
The Collaborative International Dictionary of English (GCIDE) v.0.53Collaborative International Dictionary (GCIDE)
adj. 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. [ WordNet 1.5 +PJC ]