How to use in-sentence of “keynesian”:
– Phelps, with Calvo and John Taylor, started a programme to rebuild Keynesian economics with new ideas about prices and wages being kept the same for certain time.
– When a big recession happened in 2007, Keynesian economics became more popular.
– His economic beliefs were influenced by John Maynard Keynes and he believes in Keynesian economics.
– In the next years, Keynesian economics were thought of as less important after the publication of John Muth’s work called rational expectations.
– Social democrats support Keynesian economics, where the government should step in and help people without jobs.
