Contra Keynes & Cambridge: Essays, Correspondence (Collected Works of F. A. Hayek) - Softcover

The University of Chicago Press produced a complete collection of work by Austrian economist Hayek (1899-1992) during the 1990s, and Liberty Fund is reprinting the volumes in paper editions. Comprising volume nine of that series, the 13 essays and letters here reflect his arrival at the London School of Economics and Political Science, his exchanges with rival economists J. M. Keynes and Piero Sraffa, and essays on his personal and professional views of Keynes. Among the topics are the economics of the 1930s as seen from London, his reflection on Keynes' Pure Theory of Money and Keynes' reply, Sraffa's Dr. Hayek on Money and Capital and Hayek's reply, and an Austrian critique of the Keynes centenary.

Reference & Research Book News
November 2009

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 democractic countries for decades.

F. A. Hayek (1899?1992) was awarded the Nobel Memorial Prize in Economic Sciences in 1974 and the Medal of Freedom in 1991 and was one of the leading Austrian economists and political philosophers of the twentieth century.

Bruce Caldwell is 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.