Keynes Hayek: The Clash that Defined Modern Economics

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9780393343632: Keynes Hayek: The Clash that Defined Modern Economics
Review:

"As we face off against the Great Recession, the only book you need to understand the debate raging in the streets today: economic freedom versus government intervention. An essential primer on the two men who shaped modern finance." "I heartily recommend Nicholas Wapshott's new book, Keynes Hayek: The Clash that Defined Modern Economics... Many books have been written about Keynes, but nobody else has told the story properly of his relationship with Hayek. Nick has filled the gap in splendid fashion, and I defy anybody-Keynesian, Hayekian, or uncommitted-to read his work and not learn something new." -- John Cassidy "Nicholas Wapshott's new book, Keynes Hayek, does an excellent job of setting out the broader history behind this revival of the old debates. Wapshott brings the personalities to life, provides more useful information on the debates than any other source, and miraculously manages to write for both the lay reader and the expert at the same time. Virtually every page is gripping, and yet even the professional economist will glean some insight..." -- Tyler Cowen "Mr. Wapshott has written an important book. It is compelling not only as a history of two distinctive thinkers and their influence, but also as a narrative of political decision-making and its underlying priorities. Underlying Mr. Wapshott's analysis are vital questions for this moment in American history: What kind of society do we want? And what do we owe to our fellow citizens and our collective future?" -- Nancy F. Koehn "Nicholas Wapshott's Keynes Hayek is a smart and absorbing account of one of the most fateful encounters in modern history, remarkably rendered as a taut intellectual drama. Wapshott brilliantly brings to life the human history of ideas that continue to mold our world." -- Sean Wilentz, The Rise of American Democracy "Nicholas Wapshott brings the Keynes-Hayek fight of the twentieth century back to life, making the clash both entertaining and highly relevant for understanding economic crises of the twenty-first century." -- John B. Taylor, Stanford University, Getting Off Track "In the fluency of his writing and his ability to make complex financial questions easily comprehensible, Nicholas Wapshott has done economics itself a great service, by opening the subject up to the general reader, as seen through the prism of one of the most important intellectual gladiatorial contests of modern times." -- Andrew Roberts, The Storm of War: A New History of the Second World War

Review:

"In Keynes Hayek Nicholas Wapshott sets himself the formidable task of explaining important and abstruse ideas clearly, reliably and entertainingly. He succeeds well." The Times "It [Keynes Hayek] harnesses the author's skills as a journalist in a lucid and accessible introduction to Hayek's work...Again, the author has done his homework in getting on top of the vast literature about Keynes..." The Guardian "...path-breaking account of the long intellectual duel between Friedrich Hayek and Keynes..." New Statesman "Nicholas Wapshott's Keynes Hayek is an ambitious, well-written and enjoyable attempt to grapple with fundamental debates about economic and social organization. It is an entertaining account of the work of two powerful thinkers who made lasting contributions to those debates." Tim Congdon, Times Literary Supplement "He [Wapshott] is an acomplished writer who drives his narrative at a pace and draws judiciously on a crowded shelf of studies of his protagonists and their work...fascinating reading..." The Literary Review "His [Nicholas Wapshott's] account of the origins and early application of the competing theories is readable, intelligent, and even-handed." Reuters "I heartily recommend Nicholas Wapshott's new book, Keynes Hayek: The Clash that Defined Modern Economics... Many books have been written about Keynes, but nobody else has told the story properly of his relationship with Hayek. Nick has filled the gap in splendid fashion, and I defy anybody - Keynesian, Hayekian, or uncommitted - to read his work and not learn something new." John Cassidy, The New Yorker "Wapshott does a good job of explaining the duo's sometimes complex theories...Overall, it's well worth a read." Money Week "...an enjoyable and clear read..." The Business Economist

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Wapshott, Nicholas
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Descripción WW Norton Co, United States, 2012. Paperback. Estado de conservación: New. Reprint. 208 x 138 mm. Language: English . Brand New Book. 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. Nº de ref. de la librería LIB9780393343632

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Wapshott, Nicholas
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Descripción WW Norton Co, United States, 2012. Paperback. Estado de conservación: New. Reprint. 208 x 138 mm. Language: English . Brand New Book. 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. Nº de ref. de la librería LIB9780393343632

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