Keynes Hayek by Nicholas Wapshott audiobook

Keynes Hayek: The Clash That Defined Modern Economics

By Nicholas Wapshott
Read by Gildart Jackson

Tantor Audio

Unabridged

Format : Library CD (In Stock)
  • ISBN: 9798200086986

  • ISBN: 9798200086979

  • ISBN: 9798200086993

Runtime: 11.63 Hours
Category: Nonfiction/Business & Economics
Audience: Adult
Language: English

Summary

Summary

As the stock market crash of 1929 plunged the world into turmoil, two men emerged with competing claims on how to restore the 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, Friedrich 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.

Editorial Reviews

Editorial Reviews

Wapshott offers a colorful look at a bygone period and the theories that epitomize the economic divide still shaping Anglo-American politics today. Publishers Weekly

Reviews

Reviews

Author

Author Bio: Nicholas Wapshott

Author Bio: Nicholas Wapshott

Nicholas Wapshott is an editor at the New York Sun and the former New York bureau chief for the Times of London. He has also served as editor of the Saturday Times of London and was founding editor of the Times magazine. As political editor of the Observer, Wapshott covered Margaret Thatcher’s final years in office.

Titles by Author

Details

Details

Available Formats : CD, Library CD, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 11.63
Audience: Adult
Language: English