Keynes v. Hayek and the Monetarists

Robert U. Ayres ()
Additional contact information
Robert U. Ayres: INSEAD

Chapter Chapter 16 in The History and Future of Economics, 2023, pp 259-324 from Springer

Abstract: Abstract Was it an awakening or more like catching a cold? Wars before the Great Divide were fought by armies of anonymous foot-soldiers from the lower class led by generals who had their pictures painted or their statues created riding horses and carrying swords and flags. They rarely ended with a glorious cavalry charge, except in a poet’s imagination. The two major European wars, 1914–1918 and 1939–1945 were fought on land by armies, starting with horses but ending with motorized vehicles, often sinking in the mud. The first one ended in a surrender by the Germans when America entered the war and the German high command realized it couldn’t win. The second one ended with another total German defeat, partly because the German side “ran out of gas” (actually oil).

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-26208-1_16

Ordering information: This item can be ordered from
http://www.springer.com/9783031262081

DOI: 10.1007/978-3-031-26208-1_16

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().