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Keynesian

Keynesian

9 7.9
A person who supports government action to keep people working and the economy growing
  • noun
  • /ˈkeɪnziən/
  • Specialized
translation icon : keynesiano
  • As a Keynesian, she believes that increased public spending can help reduce unemployment during a recession.

You've written fondly of people like Hayek and and Murray Rothbard, Mises, not so hot on Friedman or certainly the Keynesians.

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Examples

  • When you point this out to Keynesians, it drives them nuts.

    Blog text (9)
  • When it comes to monetary policy, Keynesians and Friedmanites more or less agree.

    Blog text (4)
  • I am also a Keynesian; he understood that order must be kept for business to thrive.

    Blog text (12)
  • So I agree that the Keynesians are getting much better on this issue.

    Blog text (8)
  • As I have said, the working theory seems to be distinctly Keynesian.

    Academic text (1990)
  • I pass no judgement because as a free market Keynesian economist, I believe this.

  • As a consequence, Keynesians found an ally and non-Keynesians did not.

    Academic text (1990)
  • So here's my question: Do any of today's Keynesians deny this?

    Blog text (15)
  • I think you're right: Cochrane just expressed himself in a way that irks Keynesians.

    Blog text (8)
  • 5) Alan Greenspan is a Keynesian who is unlike Paul, a former Ayn Rand follower.

    Blog text (12)

Surface Forms

Keynesian singular
Keynesians plural

Morphology

Keynesian = Keynes (transparent) = Keynes + ian

A regular formation from the proper name 'Keynes' with the productive suffix '-ian' meaning 'related to or follower of Keynes', so the morphological relation is clear.

Etymology

Keynesian is named after the British economist John Maynard Keynes, and the ending -ian means 'belonging to' or 'follower of', like in vegetarian. So, a Keynesian is someone who follows Keynes's idea that the government should act to help the economy.