Keynes Hayek The Clash That Defined Modern Economics

Name: Keynes Hayek The Clash That Defined Modern Economics
Price: 3.59 USD
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ISBN: 9780393077483

ISBN-10: 0393077489

ISBN-13: 9780393077483

Edition: 2011

Authors: Nicholas Wapshott

List price: $28.95

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Description:

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…

Book details

List price: $28.95
Copyright year: 2011
Publisher: W. W. Norton & Company, Incorporated
Publication date: 10/11/2011
Binding: Hardcover
Pages: 400
Size: 6.00" wide x 9.00" long x 1.25" tall
Weight: 1.540

Nicholas Wapshott is the author of Keynes Hayek: The Clash That Defined Modern Economics and Ronald Reagan and Margaret Thatcher: A Political Marriage. A former senior editor at the London Times and the New York Sun, he is now international editor at Newsweek. He lives in New York City.



Preface



The Glamorous Hero: How Keynes Became Hayek's Idol, 1919ï¿½27



End of Empire: Hayek Experiences Hyperinflation Firsthand, 1919-24



The Battle Lines Are Drawn: Keynes Denies the "Naturalï¿½ Order of Economics, 1923-29



Stanley and Livingstone: Keynes and Hayek Meet far the First Time, 1928-30



The Man Who Shot Liberty Valance: Hayek Harshly Reviews Keynes's Treatise, 1931



Pistols at Dawn: Hayek Harshly Reviews Keynes's Treatise, 1931



Return Fire: Keynes and Hayek Lock Horns, 1931



The Italian Job: Keynes Asks Piero Sraffa to Continue the Debate, 1932



Toward The General Theory: The Cost-Free Cure for Unemployment, 1932ï¿½33



Hayek Blinks: The General Theory Invites a Response, 1932ï¿½36



Keynes Takes America: Roosevelt and the Young New Deal Economists, 1936



Hopelessly Stuck in Chapter 6: Hayek Writes His Own "General Theory," 1936ï¿½41



The Road to Nowhere: Hayek Links Keynes's Remedies to Tyranny, 1937ï¿½46



The Wilderness Years: Mont-Pï¿½lerin and Hayek's Move to Chicago, 1944ï¿½69



The Age of Keynes: Three Decades of Unrivalled American Prosperity, 1946-80



Hayek's Counterrevolution: Friedman, Coldwater, Thatcher, and Reagan 1963-88



The Battle Resumed: Freshwater and Saltwater Economists, 1989-2008



And the Winner Is ...: Avoiding the Great Recession, 2008 Onward


Acknowledgments


Notes


Selected Bibliography


Index