John Maynard Keynes and Friedrich Hayek had serious differences of opinion when it came to assessing the fractured inter-war world. G. R. Steele picks apart this debate and argues persuasively that Hayek's outlook will prove to be the more enduring.
Table of Contents
1: Introduction; 2: Vision in Economics; 3: Philosophy and Political Economy; 4: Money Issues; 5: Macrodisequilibriam; 6: Keynes and SENIE macromodels; 7: Value Theory and Monetary Theory; 8: Money, Capital and Cycles; 9: Austrians and post-Keynsians; 10: Economic Guidance
G. R. Steele is Lecturer in Economics at Lancaster University. He is the author of Monetarism and the Demise of Keynesian Economics and The Economics of Friedrich Hayek.