Keynes and Hayek: The Meaning of Knowing: The Roots of the

Keynes and Hayek: The Meaning of Knowing: The Roots of the Debate

In the 1930s John Maynard Keynes and Friedrich Hayek set economics on a new course by asking â€œhow do rational people deal with the problem of economic scarcity when they are ignorant about both the options available to them and the consequences of their actions?â€ Their ensuing debate profoundly altered our view of ourselves as decision makers and our predictions about the trajectory of economies and societies. The separate views of Keynes and Hayek about what it means to know laid the foundation for their clash over economic theories. The untold story is how these views of knowledge emerged and influenced the examination of economic principles.
Country USA
Author Thomas Dalton
Binding Kindle Edition
Format Kindle eBook
IsAdultProduct
NumberOfPages 65
PublicationDate 2013-05-30
ReleaseDate 2013-05-30

Keynes and Hayek: The Meaning of Knowing: The Roots of the Debate