BUSINESS
09/13/2011 09:27 am ET Updated Nov 13, 2011

Nasar: How Keynes And Hayek Prevented Economic Crises

Unlike the movies, life rarely permits second takes. But the Second World War gave John Maynard Keynes, the patron saint of government activism, and Friedrich Hayek, the Cassandra who warned of the state’s destructive potential, just such opportunities.

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