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Working on interest rates

Coen N. Teulings

Arguing that the distinction between Keynesianism and Monetarism is obsolete for understanding the current macro debate since both schools rely on Walrasian economics and a more useful distinction is between Neoclassicals and Neo-Austrians, which allows for an alternative view of the role of public debt in the economy.

The distinction between Keynesians and Monetarists is obsolete

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VoxEU Editor-in-Chief

Richard Baldwin

Professor of International Economics Geneva Graduate Institute (IHEID); Associate Member, Nuffield College University Of Oxford; Founder & Editor-in-Chief VoxEU.org

Fellow, International Trade and Regional Economics / VoxEU Editor in Chief

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