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Keynes Hayek: The Clash That Defined Modern Economics

Keynes Hayek: The Clash That Defined Modern Economics

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Keynes Hayek: The Clash That Defined Modern Economics

by Nicholas Wapshott

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ISBN 10
0393077489
ISBN 13
9780393077483
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About This Item

Inscribed by the author "I defy anybody―Keynesian, Hayekian, or uncommitted―to read [Wapshott's] work and not learn something new."―John Cassidy, The New Yorker As the stock market crash of 1929 plunged the world into turmoil, two men emerged with competing claims on how to restore balance to economies gone awry. John Maynard Keynes, the mercurial Cambridge economist, believed that government had a duty to spend when others would not. He met his opposite in a little-known Austrian economics professor, Freidrich Hayek, who considered attempts to intervene both pointless and potentially dangerous. The battle lines thus drawn, Keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity, but conservative economists and political leaders would eventually embrace and execute Hayek's contrary vision. From their first face-to-face encounter to the heated arguments between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as present-day arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s.

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Details

Bookseller
a brennan bookseller US (US)
Bookseller's Inventory #
Biblios271
Title
Keynes Hayek: The Clash That Defined Modern Economics
Author
Nicholas Wapshott
Book Condition
Used - Fine
Jacket Condition
Very Good
Quantity Available
1
Binding
Hardcover
ISBN 10
0393077489
ISBN 13
9780393077483
Publisher
W. W. Norton & Company
Place of Publication
Scranton, Pa, U.s.a.
This edition first published
2011-10

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a brennan bookseller

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