In class we often make a big deal about the ideological and theoretical arguments between Monetarists and Keynesians, but the truth is the divide has eroded considerably. Time and data has a way of sorting things out. Read Delong for a great discussion of the important Modern versions of these schools of thought.
Keywords: ECO301, ECO120, Keynesians, Monetarists
1 comment:
Monetarists are Keynesian crossdressers
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