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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