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8/3/2019 PM Keynes-Hayek Questions
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Economics Dr. Katie Sauer
Keynes vs Hayek NPRs Planet Money 10/28/2011
http://www.npr.org/blogs/money/2011/10/28/141802704/the-friday-podcast-keynes-vs-hayek
After listening to the podcast, answer the following questions.
1. What is theparadox of thrift?
2. In a nutshell, what is the major disagreement between Keynes and Hayek?
3. Explain John Maynard Keynes background.
4. Explain Friedrich Hayeks background.
5. Explain Keynes theory of government and the economy.
http://www.npr.org/blogs/money/2011/10/28/141802704/the-friday-podcast-keynes-vs-hayekhttp://www.npr.org/blogs/money/2011/10/28/141802704/the-friday-podcast-keynes-vs-hayek8/3/2019 PM Keynes-Hayek Questions
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6. Explain Hayeks theory of government and the economy.
7. Explain which theory is correct.
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