VIDEO – The Hayek vs Keynes Debate sponsored by Reuters Nov 8, 2011

2 comments to VIDEO – The Hayek vs Keynes Debate sponsored by Reuters Nov 8, 2011

  • [...] The other Hayek-Keynes debate is now online. Everyone except Larry White (who was awesome) made fools of themselves. GA_googleAddAttr("AdOpt", "1"); GA_googleAddAttr("Origin", "other"); GA_googleAddAttr("theme_bg", "f7f7f7"); GA_googleAddAttr("theme_border", "f2f2f2"); GA_googleAddAttr("theme_text", "242424"); GA_googleAddAttr("theme_link", "333333"); GA_googleAddAttr("theme_url", "4a630f"); GA_googleAddAttr("LangId", "1"); GA_googleAddAttr("Autotag", "baseball"); GA_googleAddAttr("Tag", "links"); GA_googleFillSlot("wpcom_sharethrough"); Share this:EmailPrintStumbleUponLike this:LikeBe the first to like this post. links ← If people genuinely choose protectionism, is it then okay? [...]

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Hayek’s equilibrium theory offered a wealth of suggestions that were to be taken up in the literature of the 1940s and 1950s. The idea of intertemporal equilibrium, which was to be precisely defined in axiomatic terms by Arrow and Debreu, took shape in his writings of the 1920s and 1930s. — Bruna Ingrao & Giorgio Israel

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