Keynes/Hayek : the clash that defined modern economics / Nicholas Wapshott
- Bib ID:
- 8037720
- Format:
- Book
- Author:
- Wapshott, Nicholas, author
- Online Access:
- National edeposit: Onsite at National Library of Australia
- Related Online Resources:
- Thumbnail
- Access Conditions:
- National edeposit: Available onsite at national, state and territory libraries
- Description:
-
- Brunswick : Scribe Publications, 2011
- Brunswick, Victoria : Scribe Publications Pty Ltd, 2011
- ©2011
- 1 online resource (400 pages)
- ISBN:
- 9781921942266 (EPUB : : :)
- Summary:
-
Can government fix a broken economy? Two great economists disagreed 80 years ago, and their debate dominates politics to this day. As the stock-market crash of 1929 plunged the world into turmoil, two men emerged with competing claims about 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, Friedrich 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 disputes between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s. PRAISE FOR NICHOLAS WAPSHOTT 'I defy anybody - Keynesian, Hayekian, or uncommitted - to read [Wapshott's] work and not learn something new.' The New Yorker 'With balance, understanding and clarity, Nicholas Wapshott, a New York-based English journalist and biographer, re-creates the duel between Keynes and Heyek ... [T]his book is beguilingly written, well researched and cleverly argued.' The Weekend Australian • Friedrich Hayek was the author of the classic work in political philosophy The Road to Serfdom • 'I defy anybody - Keynesian, Hayekian, or uncommitted - to read Wapshott's work and not learn something new.' -John Cassidy, The New Yorker • New edition sure to be popular as it gives clarity to our current economic policy, both locally and globally.
- Full contents:
- About the Author; Title Page; Copyright Page; Dedication; Contents; Preface; 1 The Glamorous Hero; 2 End of Empire; 3 The Battle Lines Are Drawn; 4 Stanley and Livingstone; 5 The Man Who Shot Liberty Valance; 6 Pistols at Dawn; 7 Return Fire; 8 The Italian Job; 9 Toward The General Theory; 10 Hayek Blinks; 11 Keynes Takes America; 12 Hopelessly Stuck in Chapter 6; 13 The Road to Nowhere; 14 The Wilderness Years; 15 The Age of Keynes; 16 Hayek's Counterrevolution; 17 The Battle Resumed; 18 And the Winner Is ... ; Acknowledgments; Notes; Selected Bibliography.
- Notes:
-
- Description based upon print version of record.
- Includes bibliographical references.
- Print version record
- Subject:
-
- Hayek, Friedrich A. von (Friedrich August), 1899-1992 -- Influence
- Hayek, Friedrich A. von (Friedrich August), 1899-1992
- Keynes, John Maynard, 1883-1946 -- Influence
- Keynes, John Maynard, 1883-1946
- Economic policy -- Political aspects
- Economic policy -- 21st century
- Financial crises -- Economic aspects
- Free enterprise
- Subsidies
- Hayek, Friedrich A. von -- (Friedrich August) -- 1899-1992
- Keynes, John Maynard -- 1883-1946
- Business & Economics - Economic History
- Business & Economics - Economics - Theory
- Economic history
- Economic systems & structures
- Economic theory & philosophy
- Political Science - General
- Politics & government
- Australian
- Other authors/contributors:
- Scribe
- Also Titled:
- Keynes Hayek : the clash that defined modern economics.
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2011
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
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