1 definition by hayekftw

Top Definition
An cult member, apologist for state intervention, propagandist, and all-around useful idiot.
Keynesian: GDP = C + G + I +Ne. More government spending (G) increases GDP. The government needs to stimulate to increase prosperity.

Sane Person: But doesn't that substitute the political process for the market process in determining how society's scarce resources are allocated? If central economic planning lead to prosperity wouldn't North Korea be the most prosperous place on Earth?

Keynesian: Paul Krugman didn't tell me that, so it can't be true! Racist!
by hayekftw June 27, 2012

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug