| Author/Presenter |
Peter Clarke (University of Cambridge) |
| Title |
Keynes, Schumpeter and Hayek: the making of the poltical economy of the twentieth century. |
| Abstract |
This paper is an overview of the impact of the work of Keynes, Schumpeter and Hayek - primarily upon the anglophone world. They remain arguably the three most influential economists of the twentieth century. Why and how did their work acquire this historical importance? How far is the use of their names to describe stylized models of the economy justified by their actual writings? This paper is as much about the reception of their work as about the generation of their original ideas. It thus raises broader issues - with which all three were themselves concerned - about the relation of science to ideology and about the historical context in which ideas are formed and propagated. |
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