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El debate actual entre Keynesianismo y Monetaristas

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  • David Cobham

Abstract

Much of the recent debate about macroeconomic theory and policy in the United Kingdom has been seen as a simple clash between monetarists and Keynesians. This article argues that the vision is false. It traces out the changes which have taken place in the British economy since the start of the seventies and suggest some of the possible causes. These are developed around a framework of five fundamental differences that existed between monetarists and Keynesians at the start of the seventies and explains why there has been significant convergence over the disputed issues. Finally it notes the development of new dualism in policy discussion between the convergent views discussed in the earlier sections and the position taken by the new classical economists.

Suggested Citation

  • David Cobham, 1986. "El debate actual entre Keynesianismo y Monetaristas," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 19, pages 153-173.
    • Handle: RePEc:lde:journl:y:1986:i:19:p:153-173
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    File URL: https://revistas.udea.edu.co/index.php/lecturasdeeconomia/issue/view/832
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    References listed on IDEAS

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