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The "Friedman vs. Keynes" split exists to a small extent, but the imagination that's a deep divide between neocon and neoliberal (or whoever) is almost entirely
by cynicalkane 8y ago
The "Friedman vs. Keynes" split exists to a small extent, but the imagination that's a deep divide between neocon and neoliberal (or whoever) is almost entirely a fiction of op-ed writers and armchair economists. Both are considered foundational to modern economics. Liberal economists took a lot from Friedman and many prominent conservative economists (Mankiw for one) consider themselves Keynesians. And "supply-side vs demand-side" is not at all the axis that divides the two; that's another fight far more fascinating to the armchair crowd than practicing economists.