DEFINITION of 'Keynesian Economics'. An economic theory of total spending in the economy and its effects on output and inflation.Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression.Keynes advocated increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the Depression.eynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression.
Synonyms of filter: sieve, mesh, gauze, strainer, membrane | Collins English Thesaurus English Thesaurus | Dictionary | Translator | Grammar | Scrabble | Blog English
See more synonyms on Thesaurus.com. verb (used with object) 1. to remove dirt, grease, etc., from or to cleanse or polish by hard rubbing, as with a rough or abrasive material: to scour pots and pans.