The latest EconTalk is Nicholas Wapshott talking about his new book on Keynes and Hayek. He does a superb job on the intellectual side of their relationship and also has interesting things to say about their personal relationship and the evolution of economics over the 20th century. I particularly enjoyed his discussion of how the economics professor fell head over heels for The General Theory.
Wapshott will be speaking at George Mason University at 1:30 pm on November 2nd at the Johnson Center Cinema.
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Russ,
I can’t think of anyone else who is as fair in this Keynes/anti-Keynes debate as you are. Excellent interview.
Listening now; I’m about halfway through and I think this is one of the better podcasts you’ve done in quite awhile. Many thanks.
I agree. This is one of the better podcasts
I’ve heard Russ mention several times (this podcast included) that Road to Serfdom wasn’t Hayek’s best work. I’m sure he’s said it and I’ve just missed it, but what is considered his best work?
Scott,
I think many consider Law, Legislation, and Liberty his best work. I personally think The Use of Knowledge in Society is his best work. It’s short, insightful, and captures the basic problems people have when thinking about an economy.
Regards,
Ken
Perfect – thanks!