Contra Keynes and Cambridge recreates the original debate between Hayek and John Maynard Keynes which began on the pages of Economica in 1931 and which, in its implications for both economic theory and policy, is yet to be resolved. This volume reproduces all of the significant contributions including Keynes' and Sraffa's replies to Hayek. One major piece by Hayek - The Economics of the 1930s as Seen from London - is published for the first time, and the volume includes extensive notes and an authoritative introduction.

Aims to advance contemporary understanding of the economic and political issues confronting the world. This book is intended for use by students, lecturers and researchers in the fields of economics, philosophy and political theory.

This work remains one of the all-time classics of 20th-century intellectual thought. For over half a century, it has inspired politicians and thinkers around the world, and has had a crucial impact on our political and cultural history. Hayek argues that, while socialist ideals may be tempting, they cannot be accomplished except by means that few would approve of. Addressing economics, fascism, history, socialism and the Holocaust, Hayek unwraps the trappings of socialist ideology. He reveals to the world that little can result from such ideas except oppression and tyranny. Today, more than...