Robert Skidelsky - Interpreting the Great Depression: Hayek versus Keynes

The Inaugural Conference @ King's, Institute for New Economic Thinking, Day 1 - Dinner.
1930 and the Challenge of the Depression for Economic Thinking: Friedrich Hayek versus John Maynard Keynes

[@tripzero0]

There is a theory on what happens to unemployment in the Austrian view. There is a period of time after the "bust" where labor must be reallocated across the capital structure. That is typically a period of higher unemployment.

[@richardgrant4850]

Wow watch this video with the caption on.

[@dosomething3]

Where was this guy dug up from?

[@desirepirahde3986]

Hayek is clear of Keynes.