Keynes - Hayek: The Clash That Defined Modern Economics by Nicholas Wapshott

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.

Publisher:	Scribe Publications
Year:	2014
Binding:	Paperback
ISBN:	9781925106299
Condition:	Very Good

Note: This image is from a stock photo and may differ from the actual cover.

SKU: 1602222
Location: Non Fiction