Watch Nicholas Wapshott discuss the different characters of Keynes and Hayek, which Wapshott says had a profound influence on their preferred policy programs. While Keynes was an optimist, Hayek was a pessimist who "assumed that if things could go wrong, they would go wrong."
This is part 2 of a 5-part interview with INET Director Robert Johnson.
inetpub Nicholas Wapshott: Keynes' Optimism vs. Hayek's Pessimism (2/5) | |
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