The author of Keynes and Hayek: The Clash That Defined Modern Economics is interviewed today by the New York Sun. The interview confirms my sense from what I’ve read so far. The book provides an interesting account of the personalities and politics involved in the great debate. But it goes overboard in trying not to declare a winner in an intellectual sense. The author even seems to believe that the winner in the great clash can and should be decided by political democracy – in which case, Keynes certainly does win. I’ve enjoyed what I’ve read but found it frustrating too. It would take a detailed review to discover all the facts and analysis left out in order that the author can viably maintain his even handedness.
Source link: http://archive.mises.org/18662/the-great-clash/