World

Keynes and Hayek, the Great Debate (Part 2): Nicholas Wapshott

Friedrich Hayek arrived in London in January 1931 to take up an invitation to participate in the most telling duel in the history of economics. His aim, in four lectures at the London School of Economics: Overturn the theories of John Maynard Keynes, and prove that recessions were not caused by a lack of desire from customers to buy goods.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.