keynes v chicago school

Post an initial response of 1000 word (maximum) to the Discussion Board that addresses the following questions:

  • What are the core differences between Keynes and Friedman’s economic philosophies?
  • Describe the proper role of the government in the economy according to Friedman and according to Keynes.
  • How would Keynes and Friedman likely evaluate fiscal policy in the U.S. in the years since the great recession of 2008 began?
  • Which of the two schools of thought do you find more compelling? Why?


Government and Business:
American Political Economy in Comparative Perspective

Chapter 10, “Business and Economic Policy” (pp. 207–226)

Lehne, R. (2013).

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