John Maynard Keynes vs Milton Friedman
John Maynard Keynes
United Kingdom- Economist
- British Treasury official
British economist whose General Theory (1936) argued that governments should manage total demand to secure full employment, shaping mid-20th-century economic policy.
Full profile of John Maynard Keynes
Milton Friedman
United States- Economist at the University of Chicago
- Senior research fellow at the Hoover Institution
American economist and leader of the Chicago school who championed monetarism, free markets, floating exchange rates and policies such as school vouchers and a negative income tax.
Full profile of Milton FriedmanIn short
How they compare
John Maynard Keynes (1883-1946) and Milton Friedman (1912-2006) are a 69% match on the 11 axes where both have a clear record.
They differ most on markets (John Maynard Keynes: planned (moderate); Milton Friedman: free (strong)), trade (John Maynard Keynes: balanced; Milton Friedman: global (strong)) and ownership (John Maynard Keynes: public (mild); Milton Friedman: private (strong)). They are closest on authority, morality and religion.
On the economy Milton Friedman sits further toward markets; on state and liberty John Maynard Keynes sits further toward authority; on society their positions are close; on the world stage John Maynard Keynes sits further toward nation.
Generated from the two sourced profiles on this site. Each axis placement and its reasoning is on the full profile pages.
★ By family of axes
- Economy3 axes
- John Maynard Keynesequality (mild)Milton Friedmanmarkets (strong)
- State and liberty3 axes
- John Maynard Keynesliberty (mild)Milton Friedmanliberty (moderate)
- Society3 axes
- John Maynard Keynesprogress (mild)Milton Friedmanprogress (mild)
- World2 axes
- John Maynard Keynesglobal (mild)Milton Friedmanglobal (moderate)
- John Maynard Keynes: petals and stars
- Milton Friedman: dashed outline
★ Where they differ most
- Markets110 points apart
John Maynard Keynes: Planned (moderate). Milton Friedman: Free (strong).
- Trade95 points apart
John Maynard Keynes: Balanced. Milton Friedman: Global (strong).
- Ownership85 points apart
John Maynard Keynes: Public (mild). Milton Friedman: Private (strong).
- Welfare85 points apart
John Maynard Keynes: Shared (moderate). Milton Friedman: Self-reliant (moderate).
★ Where they are closest
- Morality · 0 apart
- Authority · 0 apart
- Religion · 5 apart
Axis by axis
Milton Friedman
Economy
Equality / Markets- OwnershipMild: Public58%42%PublicPrivate
- MarketsModerate: Planned68%32%PlannedFree
- WelfareModerate: Shared68%32%SharedSelf-reliant
State and liberty
Liberty / Authority- AuthorityModerate: Democratic68%32%DemocraticStrong leader
- SecurityMild: Liberty60%40%LibertyOrder
- StructureMild: Central38%62%LocalCentral
Society
Progress / Tradition- MoralityMild: Progressive65%35%ProgressiveTraditional
- ReligionMild: Secular63%37%SecularReligious
- TechnologyMild: Embrace60%40%EmbraceCaution
- CultureNo clear recordMulticulturalNational identity
World
Global / Nation- TradeBalanced48%52%GlobalProtected
- Foreign policyModerate: Cooperation75%25%CooperationStrength
Not compared: Culture (no clear record for John Maynard Keynes). These axes are greyed out above and left out of the match.
★ 12 Axes Political Test ★
Who are you closer to?
Answer plain statements on 12 axes and see your match with John Maynard Keynes, Milton Friedman and every other historical figure, axis by axis.
FAQ
John Maynard Keynes vs Milton Friedman
What is the difference between John Maynard Keynes and Milton Friedman?
They differ most on markets (John Maynard Keynes: planned (moderate); Milton Friedman: free (strong)), trade (John Maynard Keynes: balanced; Milton Friedman: global (strong)) and ownership (John Maynard Keynes: public (mild); Milton Friedman: private (strong)). On the economy Milton Friedman sits further toward markets; on state and liberty John Maynard Keynes sits further toward authority; on society their positions are close; on the world stage John Maynard Keynes sits further toward nation.
What do John Maynard Keynes and Milton Friedman have in common?
They are closest on authority, morality and religion. Overall their profiles are a 69% match on the 11 axes where both have a clear record.
Who leans more toward free markets, John Maynard Keynes or Milton Friedman?
On the economic axes they share, Milton Friedman sits further toward markets and John Maynard Keynes further toward equality. John Maynard Keynes reads as equality (mild) overall, Milton Friedman as markets (strong).
Am I closer to John Maynard Keynes or Milton Friedman?
Take the 12 Axes Political Test. Your result shows your match with both of them, and with every other historical figure and ideology on the site, axis by axis.
