Keynes x Hayek (Skidelsky)

The Keynes-Hayek rematch by Robert Skidelsky. “To prevent further crises of equal severity in the future, Keynesians would argue for strengthening the tools of macroeconomic management. Hayekians have nothing sensible to contribute. It is far too late for one of their favorite remedies – abolition of central banks, supposedly the source of excessive credit creation.”