admin 10 March 2009 Tax & Spending What is the difference between Keynesians, Monetarists and Austrians? admin 10 March 2009 Tax & Spending 3077 what-is-the-difference-between-keynesians-monetarists-and-austrians- For Keynesians, government is the spender of last resort;For Monetarists, government is the lender of last resort; For Austrians, government really is the last resort!