Fiscalism

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    The idea that taxation should form a central part of a government's economic policy. uncountable

    "Fiscalism is a necessary consequence of the historical development of the system of taxation."

  2. 2
    Excessive, oppressive taxation. broadly, uncountable
  3. 3
    The belief that fiscal policy should function as the primary macroeconomic stabiliser (e.g. for controlling inflation), often associated with the IS–LM model. uncountable

    "Hereby it will become clear how Keynesianism, a doctrine appealing to the monetary theorist JOHN MAYNARD KEYNES, soon converted into fiscalism, a position ascribing stronger effects to fiscal than monetary policy – and, in the extreme, denying the latter all real and nominal effects."

Example

More examples

"Fiscalism is a necessary consequence of the historical development of the system of taxation."

Etymology

From fiscal + -ism.

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.