Keynes Hayek

Resumen del libro

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 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.

Nicholas Wapshott is a journalist and the author of Ronald Reagan and Margaret Thatcher: A Political Marriage. A former senior editor at The Times of London and the New York Sun, he lives in New York.

Biografía del autor

Nicholas Wapshott es un destacado periodista y escritor británico. Ejerce como columnista en Reuters, colabora con medios como CNN, ABC y Fox News y también escribe artículos en varios medios de comunicación online.<br> Fue el editor de Saturday Times y el fundador y editor de la revista The Times Magazine.<br> Ha escrito varias biografías, entre ellas la de Margaret Thatcher y la de Carol Reed y es autor de Keynes vs Hayek (Deusto, 2016).