Friedman, Milton Friedman
Keynes' ideas were disputed by some, including by Nobel laureate M. Friedman, who argued that a small, constant expansion of the money supply is the right approach of handling an economy over interefering in major ways.
He is associated with monetarism and the Chicago School of Thought.
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History of Positive Economics
The history of positive economics can be traced back to the 19th century from the ideas of John Neville Keynes and John Stuart Mill, who were early economists.
Keynes believed that logic and methodology were imperative in the study of economics while Mill was an economist who blended econo...
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