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G. R. Steele
14 January 2013
2 comments

A review of Keynes Hayek: The Clash That Defined Modern Economics by Nicholas Wapshott. As the Luftwaffe targeted culturally-rich cities in 1942, two economists took their turn in fire-watching...
Philip Booth
19 September 2012
5 comments

  Monday night's BBC documentary Keynes in the Masters of Money series will be followed by two others on Hayek and Marx. The first programme was brilliantly presented by Stephanie...
Tim Congdon
29 February 2012
15 comments

Free market capitalism is the best system of economic organisation ever devised. The 20th century demonstrated that it is consistent with both material prosperity and personal freedom. However, the...
Philip Booth
20 February 2012
7 comments

Recent US growth figures seem to have re-energised naive Keynesians who, lacking any real evidence or credible prior theory for their case, leap upon anything that can justify policies that involve...
G. R. Steele
24 August 2011
11 comments

Lord Robert Skidelsky is unlikely to have understood the anecdote in his opening remarks in the LSE Hayek/Keynes debate. He related that, after addressing an audience of Cambridge economists in...
Jamie Whyte
4 August 2011
8 comments

Jamie Whyte is the Head of Research and Publications at Oliver Wyman, a strategy consulting firm specialising in the financial services industry. This is his opening statement from the Keynes vs...
Mark Littlewood
11 July 2011
9 comments

The impact of fiscal stimulus packages is very limited in the short-run and positively damaging in the long-run. That was the argument put by Professor Robert Barro at the IEA's twentieth...
Steven Kates
14 June 2011
3 comments

After writing ‘you cannot make an economy grow through public spending’ I received this touching statement of Keynesian faith in response: ‘In terms of a contribution to GDP...
Steven Kates
7 January 2011
8 comments

The recent decisions to retain the ‘Bush tax cuts’ in the United States and to withdraw the trillion-dollar-plus expenditure bill from the American Senate before it was even put to a...
Steven Kates
25 August 2010
comments

“When John Maynard Keynes talked of persistent under-employment, he did not mean that, following a big shock, economies stay frozen at one unchanging level of depressed activity. But he did...
Richard Wellings
10 March 2010
1 comment

In this extract of an interview with John O’Sullivan, F. A. Hayek discusses the Great Depression and the influence of John Maynard Keynes. Professor Hayek explains that he spent a year...
Richard Wellings
30 January 2010
comments

" ●  Gary Becker explains how to increase employment ●  Samuel Gregg discusses Latin America after the Left    ●  JP Floru advocates a market for tigers...
John Blundell
15 January 2010
3 comments

Six weeks before he died in late April 1946, Keynes was visited by Hayek, who told me the conversation went something like this: HAYEK: What if you are wrong? KEYNES: Don’t worry. If I...
Terry Arthur
7 July 2009
6 comments

In the Daily Telegraph last month, Melissa Kite wrote an amusing article about Gordon Brown’s most recent Tsars – Martha Lane Fox as “champion for digital inclusion” and Sir...

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