Description: Keynes Hayek : The Clash That Defined Modern Economics, Paperback by Wapshott, Nicholas, ISBN 0393343634, ISBN-13 9780393343632, Brand New, Free shipping in the US 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 spendwhen 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 fordecades 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 description.
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Book Title: Keynes Hayek : the Clash That Defined Modern Economics
Number of Pages: 400 Pages
Language: English
Publisher: Norton & Company, Incorporated, w. w.
Publication Year: 2012
Item Height: 1 in
Topic: Economic History, Finance / General, Social Scientists & Psychologists, Economics / Theory, Free Enterprise
Genre: Biography & Autobiography, Business & Economics
Item Weight: 10.9 Oz
Item Length: 8.3 in
Author: Nicholas Wapshott
Item Width: 5.5 in
Format: Trade Paperback
