Name: Keynes Hayek
Rating: 3.75 (4 reviews)
ISBN: 9780393343632

Nicholas Wapshott

Can government fix a broken economy? Two great economists disagreed 80 years ago, and their debate dominates politics to this day.

The Clash that Defined Modern Economics

Keynes Hayek

Luke Kanies

A very good primer on the fundamental debate between Keynes and Hayek. If you’re wondering what the whole debate is about, this is a good place to start.

It’s low on direct quotes, and instead prioritizes meaning over wording. The economists themselves tended to write thickly, so it is likely the appropriate balance.

The book itself is approachable as a result, and provides a good summary of both the economic debate and the context in which it was being had. It weirdly oscillated between being too partisan to one side then the other, which I took as essentially a failure of journalism — written by an economist rather than a disinterested third party, and therefore never able to really separate from the material.

Keynes Hayek The Clash that Defined Modern Economics

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