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MITI's Portal
 

Glossary

Keynesian

A branch of economics, based, often loosely, on the ideas of Keynes, characterised by a belief in active government and suspicion of market outcomes. It was dominant in the 30 years following the Second World War, and especially ... [read more]

Kleptocracy

Corrupt, thieving government, in which the politicians and bureaucrats in charge use the powers of the state to feather their own nests.  [read more]