THE HAYEK-KEYNES LETTERS OF 1932 DECONSTRUCTED

Two American “communications” professors take on Hayek and Keynes debating trade cycle theory and British public policy in 1932 — “From the Great Depression to the Great Recession: The 1932 Hayek-Keynes Debate: A Study in Economic Uncertainty, Contingency, and Criticism” by David Hingstman & Thomas Goodnight (pdf).

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I’ve a theory that all economists who serve in government are corrupted as a result of serving in government. — F. A. Hayek

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