Keynes V. Hayek
- Synopsis
- Audio recording of a debate held at the LSE which looks at the global economic crisis according to the sharply contrasting views of two of the great economic thinkers of the 20th century. John Maynard Keynes believed that government spending could create employment and longer term growth, whereas his contemporary and rival Friedrich Hayek believed that investments have to be based on real savings rather than increased public spending or artificially low interest rates. Keynes’s biographer, Professor Lord Skidelsky, takes on modern day followers of Hayek in a debate at the London School of Economics. Paul Mason, economics editor of Newsnight, is in the chair. (30 minutes)
- Language
- English
- Country
- Great Britain
- Year of production
- 2011
- Subjects
- Economics
- Keywords
- Hayek, Friedrich A von; Keynes, John Maynard (1883-1946); economic crisis; banking crisis
Online availability
- URI
- http://www.bbc.co.uk/programmes/b012wxyg
- Price
- Free
- Delivery
- Streamed
Credits
- Contributor
- Duncan Weldon; George Selgin; Jamie Whyte; Robert Skidelsky
Distributor
- Name
BBC Radio 4
- Web
- http://www.bbc.co.uk/radio4 External site opens in new window
Record Stats
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