Contra Keynes And Cambridge: Essays, Correspondence

Contra Keynes And Cambridge: Essays, Correspondence

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Overview

Contra Keynes And Cambridge: Essays, Correspondence by F. A. Hayek

Contra Keynes and Cambridge is composed of three parts: Part I consists of two essays, the first being a recollection by Hayek of his time at the London School of Economics in the 1930s, followed by his contribution to an early debate about the paradox of saving; Part II reprints the full debates between Hayek and Keynes in Economica in the early 1930s, and Hayek’s exchanges with Sraffa that followed; Part III includes some of Hayek’s reminiscences on Keynes. F. A. Hayek challenged one of the world’s leading economists, John Maynard Keynes, and his economic theories, which sparked a spirited debate that has influenced economic policy in democratic countries for decades.

F. A. Hayek (1899–1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.

Bruce Caldwell is Research Professor of Economics and the Director of the Center for the History of Political Economy at Duke University. He is the current general editor of The Collected Works of F. A. Hayek.

Product Details

ISBN-13: 9780865977440
Publisher: Liberty Fund Inc.
Publication date: 04/13/2009
Series: Collected Works of F. A. Hayek Series
Edition description: New Edition
Pages: 281
Sales rank: 777,463
Product dimensions: 6.00(w) x 8.90(h) x 0.70(d)
Age Range: 18 Years

About the Author

F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism  in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.

Table of Contents


Editorial Foreword ix

Introduction 1

PART I. HAYEK COMES TO THE LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE

One
The Economics of the 1930s as Seen from London 49
Addendum:  Edwin Cannan 64

Two
The "Paradox" of Saving 74

PART II. HAYEK'S EXCHANGES WITH KEYNES AND SRAFFA

Three
Reflections on the Pure Theory of Money of Mr. J. M. Keynes 121

Four
The Pure Theory of Money:  A Reply to Dr. Hayek, by J. M. Keynes 147

Five
A Rejoinder to Mr. Keynes 159
Addendum:  The Early Hayek-Keynes Correspondence 164

Six
Reflections on the Pure Theory of Money of Mr. J. M. Keynes (continued) 174

Seven
Dr. Hayek on Money and Capital, by Piero Sraffa 198

Eight
Money and Capital: A Reply 210

Nine
A Rejoinder, by Piero Sraffa 223

PART III. ESSAYS ON KEYNES

Ten
Review of Harrod's Life of J. M. Keynes 227
Addendum:  Review of Sir William Beveridge, Full Employment in a Free Society 233

Eleven
Symposium on Keynes: Why? 237

Twelve
Personal Recollections of Keynes and the 'Keynesian Revolution' 240

Thirteen
The Keynes Centenary:  The Austrian Critique 247

Editor's Acknowledgements 257

Index 259

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