What is the whole debate about Aggregate Demand creating Supply versus Aggregate Supply Creating Demand?

Which view do you see in your everyday experience?

Why does this debate continue?

Thinking back to the business cycle discussion, how would Keynesian economists explain the performance of the economy during the last few years?

Next, how would neoclassical economists explain the performance of the economy during the last few years?

Which interpretation makes the most sense to you? Why?

Robert Skidelsky is the biographer of Keynes explains keynes

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The debate between Aggregate Demand AD creating Supply versus Aggregate Supply AS creating Demand revolves around the question of what drives economic ... View the full answer