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Hayek vs Keynes : a battle of ideas / Thomas Hoerber.

By: Material type: TextTextPublisher: London : Reaktion Books, 2017Copyright date: ©2017Description: 159 pages ; 22 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 9781780237305
  • 1780237308
Other title:
  • Hayek versus Keynes
Subject(s):
Contents:
From the eighteenth to the twentieth century : momentous change and stable elements -- Hayek's road to liberty -- Information and planning -- Keynes's general theory -- Man is not the master of his own fate : misguided socialist idealism -- Liberal polemic, or, the threat of national socialism -- The necessity of planning -- Liberty and totalitarianism.
Summary: Hayek vs Keynes: A Battle of Ideas offers a clear historical account of the works of the two great totems of modern economic thought: Friedrich Hayek and John Maynard Keynes. Hayek's The Road to Serfdom and Keynes's The General Theory of Employment, Interest and Money were written against a background of devastation following the First World War. Thomas Hoerber explains the historical context in which the books were written and shows how lessons can be drawn for current economic and political phenomena, such as the recent financial crisis, globalization and European integration. He illustrates how classical economic theory as well as a qualitative method in economics can enlighten our understanding of the present economic environment. With a broad European perspective, this book places the two great economic thinkers of the twentieth century in their historical context, and asks what we can learn from their work today.-- Provided by Publisher.
Holdings
Item type Home library Collection Call number Materials specified Status Date due Barcode Item holds
Adult Book Adult Book Main Library NonFiction 330.156 H694 Available 33111008827657
Total holds: 0

Enhanced descriptions from Syndetics:

Few thinkers better encapsulate the two polarities of economic and social thought in the twenty-first century than Friedrich Hayek and John Maynard Keynes. Wrestling with the horrors of world wars, the atrocities of fascist regimes, the hungers of the Great Depression, and the turbulence of political ideologies as they grew evermore pitted against one another, both sought a cure for modernity's terrible problems and a safeguard against future catastrophes--a task that would leave them with completely different conclusions. In this book, Thomas Hörber offers a clear historical account of the work of these two great figures of modern economic thought.



Hoerber looks at the two central works that would alter the course of economic thought: Keynes's The General Theory of Employment, Interest, and Money and Hayek's The Road to Serfdom . Placing them within the context of the devastation that followed World War I, he explains how the historical conditions in which these books were written help us better understand how their lessons can illuminate the economic and political phenomena of our own era, such as the recent financial crisis, globalization, and European integration. He shows how Keynes's emphasis on government regulation through monetary and fiscal policy and Hayek's great cautions against the tyrannies that can so easily arise from central planning have led to competing schools of economic thought. Making accessible classic economic theory and employing a qualitative method of economics, he offers an articulated account of how history has led to our current economic environment.



With a broad perspective and incisive but clear examinations of important economic theories, this book places the two great economists of the twentieth-century within their historical context, illuminating how much we have learned--and can still learn--from them both.

Includes bibliographical references (pages 147-153) and index.

Hayek vs Keynes: A Battle of Ideas offers a clear historical account of the works of the two great totems of modern economic thought: Friedrich Hayek and John Maynard Keynes. Hayek's The Road to Serfdom and Keynes's The General Theory of Employment, Interest and Money were written against a background of devastation following the First World War. Thomas Hoerber explains the historical context in which the books were written and shows how lessons can be drawn for current economic and political phenomena, such as the recent financial crisis, globalization and European integration. He illustrates how classical economic theory as well as a qualitative method in economics can enlighten our understanding of the present economic environment. With a broad European perspective, this book places the two great economic thinkers of the twentieth century in their historical context, and asks what we can learn from their work today.-- Provided by Publisher.

From the eighteenth to the twentieth century : momentous change and stable elements -- Hayek's road to liberty -- Information and planning -- Keynes's general theory -- Man is not the master of his own fate : misguided socialist idealism -- Liberal polemic, or, the threat of national socialism -- The necessity of planning -- Liberty and totalitarianism.

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