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Hi, I'm Adam Smith. Classical theory all the way!
Hi, I'm John Keynes! My Keynesian theory rocks!
To share my opinion, John, I think we should have a laissez faire economy! The government should not interfere with our economy!
Well Adam i think that the government should have an active role in our economy! Yay for the government!
You say active role? I disagree! i think the economy is self regulating and with a monetary rule we can have a laissez-faire economy! Unemployment will rarely exist and inflation will only be caused by too much money.
We need an active government! Fiscal policy and a discretionary monetary policy. Our economy is not self regulating! Government spending can help decrease inflation!
Not to intrude but i think that Mr.Keynes has a great point! Our economy needs the government to jump in every once and a while to help regulate our economy! It can stimulate demand! Yes there might not be full employment but i do not agree with self regulating.
Hi i'm David Ricardo and i support Adam Smith and the classical theory!
I',m Jean-Baptiste Say and i support Adam Smith also!
I'm Sir John Richard Hicks and i'm all for the Keynesian theory!
I'm Roy Forbes Harrod and i support the Keynesian theory!
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