CONTENTS
How Keynes Became Hayek’s Idol, 1919–27
TWO End of Empire
Hayek Experiences Hyperinflation Firsthand, 1919–24
THREE The Battle Lines Are Drawn
Keynes Denies the “Natural” Order of Economics, 1923–29
Keynes and Hayek Meet for the First Time, 1928–30
FIVE The Man Who Shot Liberty Valance
Hayek Arrives from Vienna, 1931
SIX Pistols at Dawn
Hayek Harshly Reviews Keynes’s Treatise, 1931
SEVEN Return Fire
Keynes and Hayek Lock Horns, 1931
EIGHT The Italian Job
Keynes Asks Piero Sraffa to Continue the Debate, 1932
NINE Toward The General Theory
The Cost-Free Cure for Unemployment, 1932–33
TEN Hayek Blinks
The General Theory Invites a Response, 1932–36
ELEVEN Keynes Takes America
Roosevelt and the Young New Deal Economists, 1936
TWELVE Hopelessly Stuck in Chapter 6
Hayek Writes His Own “General Theory,” 1936–41
THIRTEEN The Road to Nowhere
Hayek Links Keynes’s Remedies to Tyranny, 1937–46
FOURTEEN The Wilderness Years
Mont-Pèlerin and Hayek’s Move to Chicago, 1944–69
FIFTEEN The Age of Keynes
Three Decades of Unrivalled American Prosperity, 1946–80
SIXTEEN Hayek’s Counterrevolution
Friedman, Goldwater, Thatcher, and Reagan, 1963–88
SEVENTEEN The Battle Resumed
Freshwater and Saltwater Economists, 1989–2008
EIGHTEEN And the Winner Is . . .
Avoiding the Great Recession, 2008 Onward