See hydraulic Keynesianism on Wiktionary
{ "etymology_text": "Coined by Alan Coddington in 1976. In reference to Alban William Phillips' hydraulic MONIAC computer, which he used for modelling the economy.", "head_templates": [ { "args": { "1": "-" }, "expansion": "hydraulic Keynesianism (uncountable)", "name": "en-noun" } ], "lang": "English", "lang_code": "en", "pos": "noun", "senses": [ { "categories": [ { "kind": "other", "name": "English entries with incorrect language header", "parents": [ "Entries with incorrect language header", "Entry maintenance" ], "source": "w" }, { "kind": "other", "name": "Pages with 1 entry", "parents": [], "source": "w" }, { "kind": "other", "name": "Pages with entries", "parents": [], "source": "w" }, { "kind": "topical", "langcode": "en", "name": "Economics", "orig": "en:Economics", "parents": [ "Social sciences", "Sciences", "Society", "All topics", "Fundamental" ], "source": "w" } ], "glosses": [ "A type of Keynesianism that assumes homogeneous macroeconomic aggregates and uses that assumption in relation to the Phillips curve to exploit a trade-off between inflation and unemployment, typically prioritising low unemployment at the expense of higher inflation." ], "id": "en-hydraulic_Keynesianism-en-noun-XaPqf06x", "links": [ [ "economics", "economics" ], [ "derogatory", "derogatory" ], [ "Keynesianism", "Keynesianism" ], [ "homogeneous", "homogeneous" ], [ "aggregate", "aggregate" ], [ "inflation", "inflation" ], [ "unemployment", "unemployment" ] ], "raw_glosses": [ "(economics, derogatory) A type of Keynesianism that assumes homogeneous macroeconomic aggregates and uses that assumption in relation to the Phillips curve to exploit a trade-off between inflation and unemployment, typically prioritising low unemployment at the expense of higher inflation." ], "tags": [ "derogatory", "uncountable" ], "topics": [ "economics", "sciences" ], "wikipedia": [ "Alban William Phillips", "MONIAC" ] } ], "word": "hydraulic Keynesianism" }
{ "etymology_text": "Coined by Alan Coddington in 1976. In reference to Alban William Phillips' hydraulic MONIAC computer, which he used for modelling the economy.", "head_templates": [ { "args": { "1": "-" }, "expansion": "hydraulic Keynesianism (uncountable)", "name": "en-noun" } ], "lang": "English", "lang_code": "en", "pos": "noun", "senses": [ { "categories": [ "English derogatory terms", "English entries with incorrect language header", "English lemmas", "English multiword terms", "English nouns", "English uncountable nouns", "Pages with 1 entry", "Pages with entries", "en:Economics" ], "glosses": [ "A type of Keynesianism that assumes homogeneous macroeconomic aggregates and uses that assumption in relation to the Phillips curve to exploit a trade-off between inflation and unemployment, typically prioritising low unemployment at the expense of higher inflation." ], "links": [ [ "economics", "economics" ], [ "derogatory", "derogatory" ], [ "Keynesianism", "Keynesianism" ], [ "homogeneous", "homogeneous" ], [ "aggregate", "aggregate" ], [ "inflation", "inflation" ], [ "unemployment", "unemployment" ] ], "raw_glosses": [ "(economics, derogatory) A type of Keynesianism that assumes homogeneous macroeconomic aggregates and uses that assumption in relation to the Phillips curve to exploit a trade-off between inflation and unemployment, typically prioritising low unemployment at the expense of higher inflation." ], "tags": [ "derogatory", "uncountable" ], "topics": [ "economics", "sciences" ], "wikipedia": [ "Alban William Phillips", "MONIAC" ] } ], "word": "hydraulic Keynesianism" }
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