Keynes Hayek
The Clash That Defined Modern Economics

This is a great book to get brief biographies of Hayek (the free marketer) and Keynes (the interventionist), an understanding of their philosophical differences, and a historical overview of who “won” both in the intellectual and political arenas. The economics stuff does get a bit technical at time......more

The enemy of this engrossing and lucid economic history is binary thinking. We have a war of ideas: between the disciples of John Maynard Keynes and government intervention in the economy vs Friedrich Hayek and classical economics where government has no role to play, and , in fact intervention make......more

This book is at once biography, covering the lives of J.M. Keynes and F. Hayek, and an exposition for popular consumption of their respective economic theories. On the latter score it makes for an entertaining, often informative, read. On the former there are some flaws. Wapshott is a journalist, no......more

Nicholas Wapschott wrote this book more than a decade ago when he saw American politicians, in dealing with the 2008 recession, having the same arguments that Keynes and Hayek were engaged in during the Great Depression. These 21st century exchanges were decidedly less academic in nature than the or......more

This is a dual intellectual biography that discusses the lives and work of Keynes and Hayek and the influence that their work has had (and continues to have) on economic policy and general policy discussions. The discussion is interesting and well informed and does not attempt to oversimplify the di......more