Keynes/Hayek

Description

Can government fix a broken economy? Two great economists disagreed eighty 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.;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.