Milton Friedman vs John Keynes

[OSR stands with Israel]

I go Friedman easily for today


Though Keynes during times such as the 1930s, and immediately aftermath of 2008 crash

[Intell]

Anyone who votes for Friedman, has no idea what the F they're talking bout.

[Since I'm the mad scientist proclaimed by myself]

Neither was great, but both had at least some good ideas. Keynes was much better though.

[Kingpoleon]

Friedman was far cleverer and morally superior. Keynes's economic policies influenced every economist after him, and Friedman himself is actually very much a Keynesian in a unique, quixotic meaning of the word.

"Spend more, tax less in bad times; spend less, tax more in good times." is sound enough economics. The problem derives from this latter principle commonly not being used enough so that the budget is balanced.

I believe often the idea of economic ideas being opposites is not necessarily true. Keynesianism is good in its basic form, whereas the complicated parts of Friedman's economic philosophy is extremely sound. Combined, the two pieces can be nearly perfect.

[RaphaelDLG]

I mean, they were both really smart but both ultimately wrong.

Voted Keynes because Friedman's wrongness has had extremely, extremely pernicious consequences/he has enabled/sanctioned oligarchic/unstable economic policies.

[parochial boy]

Friedman's main prescription, monetarism, failed abysmally even in the 1980s.

It was also the consequences of his economic policies that drove much of what is wrong with the world today: inequality, economic instability, the submission of democracy to market forces, the rise of populism and nationalsm

[DavidB.]

Friedman (normal)

[FEMA Camp Administrator]

Anyone who votes for Friedman, has no idea what the F they're talking bout.

The sentence needs no comma.

[windjammer]

Keynes

I do recognize that Friedman is (economically speaking) less bad than the rest of neoclassics

[Saint Milei]

Friedman is infinitely better than Keynes. Keynes has caused some of the most disastrous economic decisions since the 20th century. Dude is horrendous

[Kingpoleon]

Friedman's main prescription, monetarism, failed abysmally even in the 1980s.

It was also the consequences of his economic policies that drove much of what is wrong with the world today: inequality, economic instability, the submission of democracy to market forces, the rise of populism and nationalsm

The only failure of Friedman is that his central idea and base has is economically unsound, while his more complicated principles and theories are unusually economically sound and successful. Keynes has the opposite problem, and his economic theories's more complicated parts are themselves also responsible for major economic failings, as well as his lack of defining good and bad economic times.