- February 22, 2026
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The question posed by author Nicholas Wapshott in his recently published book, “Keynes Hayek: The Clash that Defined Modern Economics,” is: Who prevailed — the renowned English economist John Maynard Keynes, likely the most influential 20th century proponent of government intervention and regulation of economic affairs, or Frederick Hayek, the Austrian economist, who emerged among the leading 20th century critics of both.
