neo-Keynesianism 1
noundomain: thinking
EnWordnet [ver.5.0]
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EnglishDefinition
a school of macroeconomic thought that was developed in the post-war period from the writings of John Maynard Keynes and attempted to interpret and formalize Keynes' writings, and to synthesize it with the neo-classical models of economics.
Examples
- 1.Of course, the Obama Administration will have to address the economic crisis and it is very likely that the neo-Keynesianism of the late Bush Administration will be continued after January 20.
