CART

(0) items

Keynes Hayek : The Clash That Defined Modern Economics,9780393343632

Keynes Hayek : The Clash That Defined Modern Economics

by
Edition:
00
ISBN13:

9780393343632

ISBN10:
0393343634
Format:
Trade Paper
Pub. Date:
9/17/2012
Publisher(s):
W W NORTON
List Price: $17.95

Rent Textbook

(Recommended)
 
Term
Due
Price
$8.98

Buy Used Textbook

Usually Ships in 2-3 Business Days
U9780393343632
$12.57

Buy New Textbook

Usually Ships in 3-5 Business Days
N9780393343632
$17.50

eTextbook

We're Sorry
Not Available

More New and Used
from Private Sellers
Starting at $10.08
See Prices

Questions About This Book?

Why should I rent this book?
Renting is easy, fast, and cheap! Renting from eCampus.com can save you hundreds of dollars compared to the cost of new or used books each semester. At the end of the semester, simply ship the book back to us with a free UPS shipping label! No need to worry about selling it back.
How do rental returns work?
Returning books is as easy as possible. As your rental due date approaches, we will email you several courtesy reminders. When you are ready to return, you can print a free UPS shipping label from our website at any time. Then, just return the book to your UPS driver or any staffed UPS location. You can even use the same box we shipped it in!
What version or edition is this?
This is the 00 edition with a publication date of 9/17/2012.
What is included with this book?
  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any CDs, lab manuals, study guides, etc.
  • The Used copy of this book is not guaranteed to inclue any supplemental materials. Typically, only the book itself is included.
  • The Rental copy of this book is not guaranteed to include any supplemental materials. You may receive a brand new copy, but typically, only the book itself.

Summary

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.

Author Biography

John Maynard Keynes and Friedrich von Hayek peered at each other across a yawning gap that defined the most potent economic battle of our time: whether governments should intervene in markets. Both men's ideas would swing in and out of favor with politicians from Franklin Roosevelt to George W. Bush and would eventually influence the livelihood of millions. Keynes Hayek vividly examines the spirited debates between two giants of the twentieth century, whose disparate visions still shape the rise and fall of economies all over the world. Nicholas Wapshott is a journalist and the author of Ronald Reagan and Margaret Thatcher: A Political Marriage. A former senior editor at the London Times and the New York Sun, he lives in New York City.

Table of Contents

Prefacep. xi
The Glamorous Herop. 1
How Keynes Became Hayek's Idol, 1919-27
End of Empirep. 15
Hayek Experiences Hyperinflation Firsthand, 1919-24
The Battle Lines Are Drawnp. 29
Keynes Denies the "Natural" Order of Economics, 1923-29
Stanley and Livingstonep. 46
Keynes and Hayek Meet for the First Time, 1928-30
The Man Who Shot Liberty Valancep. 65
Hayek Arrives from Vienna, 1931
Pistols at Dawnp. 81
Return Firep. 95
Keynes and Hayek Lock Horns, 1931
The Italian Jobp. 110
Keynes Asks Piero Sraffa to Continue the Debate, 1932
Toward The General Theoryp. 123
The Cost-Free Cure for Unemployment, 1932-33
Hayek Blinksp. 138
The General Theory Invites a Response, 1932-36
Keynes Takes Americap. 154
Roosevelt and the Young New Deal Economists, 1936
Hopelessly Stuck in Chapter 6p. 171
Hayek Writes His Own "General Theory," 1936-41
The Road to Nowherep. 188
Hayek Links Keynes's Remedies to Tyranny, 1937-46
The Wilderness Yearsp. 207
Mont-Pèlerin and Hayek's Move to Chicago, 1944-69
The Age of Keynesp. 226
Three Decades of Unrivalled American Prosperity, 1946-80
Hayek's Counterrevolutionp. 247
Friedman, Goldwater, Thatcher, and Reagan, 1963-88
The Battle Resumedp. 266
Freshwater and Saltwater Economists, 1989-2008
And the Winner Is…p. 285
Avoiding the Great Recession, 2008 Onward
Acknowledgmentsp. 297
Notesp. 299
Selected Bibliographyp. 347
Indexp. 357
Table of Contents provided by Ingram. All Rights Reserved.


Please wait while the item is added to your cart...