Share this entry

Keynes, John Maynard Line breaks: John May|nard Keynes

Definition of Keynes, John Maynard in English:

1st Baron ( 1883–1946), English economist. He laid the foundations of modern macroeconomics with The General Theory of Employment, Interest and Money (1936), in which he argued that full employment is determined by effective demand and requires government spending on public works to stimulate this.

Definition of Keynes, John Maynard in:

Share this entry


What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources