Friedrich Hayek vs John Maynard Keynes: The Clash of Economic Titans
Discover Hayek’s advocacy for free markets, spontaneous order, and skepticism of government intervention, contrasted with Keynes’s revolutionary demand-side economics and his call for active government management to stabilize economies. We break down their views on business cycles, monetary policy, inflation, and the role of the individual versus society.
See how their legacies live on in today’s policy debates—from the 2008 financial crisis to COVID-19 responses—and why understanding both perspectives is essential for navigating future economic challenges.
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Tags:
Hayek, Keynes, Economic Debate, Free Markets, Government Intervention, Great Depression, Business Cycle, Monetary Policy, Inflation, Economic Theory, Macroeconomics, Fiscal Policy, Austrian School, Keynesian Economics, Economic History, Policy, Nobel Prize, Reagan, Thatcher, Neoclassical Synthesis, COVID-19, 2008 Financial Crisis
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