Keynes and Hayek

Even thought both economists have passed away some time ago, their legacies are still very vibrant today and so is the debate between ideologies. I suspect it won’t end any time soon, either.

Here is Keynes extolling the end of the gold standard and praising the stimulative effects he thinks it will have:

Here is Hayek in an interview briefly discussing his quasi rise to prominence within the economic circle after Keynes’ death:

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