It is also a parallel biography of keynes and hayek and a history of western politics and economic policy the sub title is a misnomer since the clash between keynes and hayek occurred almost entirely during 1931 while the book covers the period from world war i to the aftermath of the recent great recession. Nicholas wapshotts many books include biographies of margaret thatcher and carol reed keynes hayek the clash that defined modern economics and the sphinx franklin roosevelt the isolationists and the road to world war ii he lives in new york city. The battle lines thus drawn keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity but conservative economists and political leaders would eventually embrace and execute hayeks contrary vision from their first face to face encounter to the heated arguments between their ardent disciples nicholas . Buy keynes hayek the clash that defined modern economics 1 by nicholas wapshott isbn 8582695555550 from amazons book store everyday low prices and free delivery on eligible orders. Cochran john p review of keynes hayek the clash that defined modern economics by nicholas wapshott the quarterly journal of austrian economics 14 no 4 winter 2011 474 479 mises media
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