Pages tagged "3.Category-American-History"
It’s Time to Learn Real American Economics Part 4
Part 4 — Hayek and Keynes: Two Peas in a Pod
“Come One. Come All. It’s the ‘Thrilla in Manilla’. It’s the great Ali vs. Frazier rivalry. Get your tickets today!”
This is how the imaginary rivalry between Friedrich Hayek and John Maynard Keynes has been popularized,—sort of as a Battle of the Titans, only now in the economic arena. But unlike the real Ali and Frazier, who bloodied each other unmercifully, this is a delusory myth designed for the credulous. The only blood that will be spilt will come from the victims of British imperial economics.