A review of keynes hayek the clash that defined modern economics by nicholas wapshott as the luftwaffe targeted culturally rich cities in 1942 two economists took their turn in fire watching on the roof of kings college chapel thus opens an account of historys greatest economic duel nicholas wapshott gives a vivid account of a personal professional relationship . Wapshott nicholas keynes hayek the clash that defined modern economics new york w w norton 2012 from w w norton as the stock market crash of 1929 plunged the world into turmoil two men emerged with competing claims on how to restore balance to economies gone awry. 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. Wapshotts book keynes hayek the clash that defined modern economics is a commendable effort to bring economic thought to the attention of the general reading public it is written in an engaging human interest style and i am certain it will sell well
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