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
Synonyms: erase, eliminate, take out, wipe off More Synonyms of remove. 4. verb. If people remove someone from power or from something such as a committee, they stop them being in power or being a member of the committee. The student senate voted to remove Fuller from office. The president could only be removed from power once free elections were organised.