Keynes Hayek The Clash that Defined Modern Economics is popular PDF and ePub book, written by Nicholas Wapshott in 2011-10-11, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Keynes Hayek The Clash that Defined Modern Economics can be Read Online from any device for your convenience.
Keynes Hayek The Clash that Defined Modern Economics Book PDF Summary
“I defy anybody—Keynesian, Hayekian, or uncommitted—to read [Wapshott’s] work and not learn something new.”—John Cassidy, The New Yorker 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 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 1930s.
Detail Book of Keynes Hayek The Clash that Defined Modern Economics PDF
- Author : Nicholas Wapshott
- Release : 11 October 2011
- Publisher : W. W. Norton & Company
- ISBN : 9780393083118
- Genre : Business & Economics
- Total Page : 400 pages
- Language : English
- PDF File Size : 18,6 Mb
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