Keynesian or Neoclassical?

Do not attempt to post in this discussion Forum until you have watched at least 2 or 3 of the YouTube videos available on the Weekly Video pages from the last couple weeks.

Consumption function basics | Macroeconomics | Khan Academy - YouTube

https://youtu.be/o5iot_ZsoV0

https://youtu.be/sTw0e-hwYAQ

https://youtu.be/hPkh8kOldU4

https://youtu.be/cYNVB5iqydk

https://youtu.be/MjpSKZoQDoY

Pick which economic school of thought sounds most reasonable to you. The Crash Course Economics video will lay out both to give you a starting point. Then there are individual videos about each as well as compare and contrast videos, and finally a Rap Battle video.

Discussion Forum choose which Economic theory sounds the best to you. Are you a Keynesian? Do you think the government needs to step in to correct the economy when it goes off course, moves away from Potential GDP. Or are you more of a Classical or Neo-Classical (Austrian) Economist? Do you think the economy runs through upward and downward cycles and will self-correct without government intervention.

take a side this week, no sitting on the fence. Also need to explain WHY you choose the theory that you select. You can not just say it is the best. Your rational must include some important information about the theory that makes it the most reasonable. If you don't choose one it will be like the comment in the textbook about being a circus performer riding two horses at the same time, most of us can not do that!