Keynesian economics

Definition:

An economic theory of British economist, John Maynard Keynes that active government intervention is necessary to ensure economic growth and stability.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Expected future return

The return that is expected to be earned on an asset in the future. Also called the expected return.

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