“Keynes’ viewpoints became the consensus view among economists, and this view prevailed throughout his lifetime. He died in 1946. By the time that Monetarists (led by Milton Friedman) came along in the 1950s to challenge the Keynesian point of view, the debate had changed. It was no longer Keynesian vs. Classical. Government intervention during recessions was advocated by both Keynesians and Monetarists; indeed, by almost all mainstream economists. The debate throughout the 1950s and 1960s was about the relative strength of fiscal and monetary policy. Keynesians believed that fiscal policy was more effective, and monetarists believed that monetary policy was more effective.”