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 e
In 1931, when the young F. A. Hayek challenged the economic theories of John Maynard Keynes, sixteen years his senior, and one of the world's leading economists, he sparked a spirited debate that woul
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 e
Few thinkers better encapsulate the two polarities of economic and social thought in the twenty-first century than Friedrich Hayek and John Maynard Keynes. Wrestling with the horrors of world wars, th
The University of Chicago Press produced a complete collection of work by Austrian economist Hayek (1899-1992) during the 1990s, and Liberty Fund is reprinting the volumes in paper editions. Comprisin
This book examines the three historical master tales and questions their validity and relevance in today’s moment of global disorientation which lacks a convincing and dominant economic narrative. Inv
Hoover (political science, Western Washington U.) argues that economic thinkers John Maynard Keynes, Harold Laski, and Freidrich Hayek did more than anyone else in defining the center, left, and right
Few deny that the work of economists has often embodied or stimulated significant contributions to political thought. Smith, Keynes, Hayek, and Friedman are good examples. However, the work of the gre
Few deny that the work of economists has often embodied or stimulated significant contributions to political thought. Smith, Keynes, Hayek, and Friedman are good examples. However, the work of the gre
Nicholas Wapshott. Keynes Hayek: The Clash that Defined Modern Economics. Copyright 2011 by Nicholas Wapshott. Simplified Chinese Translation Copyright 2013 by China Machine Press. Simplified Chinese
The author puts this book in the best possible context by referring to the "magisterial and paradoxical Dr. Schumpeter". A figure in a rare class with John Maynard Keynes, Friedrich von Hayek, and Alf
The author puts this book in the best possible context by referring to the "magisterial and paradoxical Dr. Schumpeter". A figure in a rare class with John Maynard Keynes, Friedrich von Hayek, and Alf
This lecture explores the limits of politics in three senses: as a subject of study at Cambridge, as an academic discipline, and as a practical activity. Politics did not develop as an independent academic subject in Cambridge in the twentieth century, and only now is this situation being rectified with the creation of the new Department of Politics and International Studies. Politics as an academic discipline was once conceived as the master science. More recently it has become much more limited in its scope and its methods, but it still needs to preserve a tradition of political reasoning which focuses on problems rather than methodology, and is concerned with understanding the limits to politics. The limits of politics as a practical activity are explored through four modes of political reasoning: the sceptical, the idealist, the rationalist and the realist, as exemplified by the writings of Oakeshott, Keynes, Hayek, and Carr.
While standard accounts of the 1930s debates surrounding economic thought pit John Maynard Keynes against Friedrich von Hayek in a clash of ideology, this reflexive dichotomy is in many respects super
