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Keynesian

influenced by the economic theory of John M. Keynes (1883-1946); in particular, Keynes' book *The General Theory of Employment, Interest, and Money* (1936). The main point of Keynes' general theory (GT) was that market economies are not usually self-correcting, and occasionally require some sovereign intervention to prevent inflation or depression. One of the policy prescriptions of the GT for curing recessions was to lower interest rates; another, more potent tool, was to deliberately run a fiscal deficit as a strategy for increasing aggregate demand. The GT was too late to have much of an impact on the Great Depression, but it did have a major impact on the economic policies of the Western Democracies from 1946 to the present. During the period 1979 to 2001, Keynesianism was supposedly discredited, but national governments continued to use stimulus packages and monetary policy to resolve recessions. The policy has evolved, but remains the cornerstone of actually existing government behavior. Attacks on Keynesianism: the most famous adversary of the GT was Friedrich von Hayek (1899-1992) of the London School of Economics, who insisted that an authentically free market would be self-correcting if it were only allowed to. Hayek's objections were ideological, but other economists such as John Muth argued that the GT expected people to make irrational, or unreasonable errors. During the late 1970's, Keynesianism was eclipsed by the Rational Expectations Hypothesis; but REH failed to develop satisfactory policy proposals, while Neo-Keynesian economics evolved to address many of the original REH criticisms.

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The Urban Dictionary Mug

Ceramic mug (11 oz)
Printed on-demand just for you
Dishwasher safe
Microwave safe
Word on front, definition on back
Comfortable handle
Every order personally reviewed
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Can we really send one to Trump? That's where mine is going. Anyone who gets it will see it as a compliment, I'm sure. Love my mug and love that new "urban dictionary" term: Celebritrash. It'll be in the mainstream dictionaries next week.

Karen PeltierNov 9

My friend saw the message on the cup ordered at a mutual friends house. We think it’s hilarious so had to put it on a coffee cup. Funny, great Christmas present. If she can’t use in public she can always use at home for pens and pencils on her desk!

Donna P.Nov 8
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Bought the "Bump Down" mug for my boyfriend, he thought it was the greatest and couldn't believe I'd actually found something with the phrase on it!

Denise N.Nov 8
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Great mug but i can't manage to get it out of my asshole again

P P.Nov 8
Review by Doug S.

First heard the term “Cheddar Headed” from the song Feel Good by the Gorillaz. Had to look it up and found the definition hilarious and at times very true! So......had to have it! Took it to work and it definitely made an impression. Hahaha!

Doug S.Nov 8
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This was purchased as a gift , and it describes the recipient perfectly . It arrived sooner than expected, and I am very impressed with the quality .

Dian L.Nov 8
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The mug I ordered was exactly as described on the site. The shipping was fast as well. I will buy from these people again.

Dominic C.Nov 8
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Cute mug, arrived promptly in great condition. I like how you can choose background color & change wording. Will feel cheerful when drinking my coffee in this :)

Patrice S.Nov 7
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Heavenly Mug This mug has been sent from the heavens. I'm too broke to buy it. But one day... I will. I will be mugged, dammit!

AndreaNov 6

Why am I here? I don't know how I got here, but I can't stop writing weird things on the cup...😅 Help me. I have a test to study for. A family. Also, if I wasn't broke I would buy 10,000 of these mugs. They look highly entertaining. Love this website, and I probably will fail the test. 🙃

LilyNov 6

I took time designing it but wasn't sure, online tools being what they are, that what I was seeing was for sure what I'd get. Very much appreciated the customer service communication which verified that what I'd designed was what I wanted, and the shipping was quick too.

Bryan C.Nov 4
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Item came on time as promised

Rite A.Nov 4
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Came within a week and it's exactly what I ordered, my friend will love it!

Robert S.Nov 4
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Sus cup I bought the sus mug for the sus king Daequan

Tyler BlevinsNov 4

Good quality, packaging shipped well, arrived quickly.

Louise W.Nov 3
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My mug came in broken but Urban Dictionary replaced it at no extra charge!

Javier E.Nov 3
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Excellent mug excellent service

Harry R.Nov 3
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this is the best for coffee and hot coco especially if you make the hot coco in it then pour it on your significant other and do body shots 😋🥱

AddisonNov 2
Review by Erica S.

I can pass away peacefully. This mug is everything I’ve ever needed and more. Fat thank you, Urban Dictionary. <3

Erica S.Nov 1
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Review by Blake M.

I was really excited to receive this mug and when it did come it was perfect quality. My only complaint is that the color I choose was green teal but it came in yellow.

Blake M.Nov 1
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