dasmeaty 0 Report post Posted March 30, 2010 (edited) Lets bring some economics to the debate forum, the question is simple do you lean towards a more Keynesian or a Monetarist view or different views for different situations?Especially with the global economic state what is your view, do you believe the Government should spend spend spend to boost aggregate demand for a relatively short run increase in consumption, but to what cost?Or do you take the Monetarist (More specifically Friedman) view that the Government should encourage saving (without applying inflationary pressure) to keep price levels and monetary supply stable and allow the economy to run its coare points where urse.Of course these are two very simplified ideals, you could talk about many things such as the Monetarist long run aggregate supply curve versus the keynesian one or whos theory of unemployment and national output is best.Lets just see who we think was more on the right track.One point to acknowledge is that economics is not an exact science and there are times where the data supports nether Keynes nor the Monetarist view, and other times where it supports Keynes solely or Monetarist solely. Nether can be considered correct, yet both are accepted views. Edited March 30, 2010 by dasmeaty (see edit history) Share this post Link to post Share on other sites
