Keynes and the Depression
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Friedrich A. Hayek
1985 |
Institute of Economic Affairs |
Duration:..
interviewseries
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About this video
In part two of this collection, Friedrich A. Hayek describes English society in the 1930s. He explains the ideas that surfaced after the world economic crisis and looks at the principal epistemological differences between the ideas of John Maynard Keynes and his own. He also examines the impact that totalitarian movements around the world had on his thinking. Finally, he discusses social justice, explaining what this concept really means and the harmful effects it can have on society.
Credits:
The Institute of Economic Affairs
Executive Producer: Michael Peacock; Studio Director: Cecil Petty; Producer: Eben Wilson
Produced by Video Arts Television in association with the Institute of Economic Affairs Dumbarton Films Ltd. Conversion: Mario Estrada; index: Sergio Bustamante; content reviser: Sofía Díaz; publication: Daphne Ortiz, Sofía Díaz |
Videos in this collection
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 Documentary produced by Adam Smith Institute
 Collection of interviews produced by The Institute of Economic Affairs in 1997
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ContentInitial credits |
Introduction by John O'Sullivan |
Friedrich A. Hayek's scientific understanding of the value of freedom and free markets |
London School of Economics professorship |
Influence of John Maynard Keynes on economic ideas |
 | What were your impressions of 1930s English society?
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| What are your retrospective reflections on the slump in the 1930s, economic policy, and the national government?
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| What do you think about Keynes's General Theory and why did it have such enormous influence?
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Would Keynes have approved of the dominance of Keynesianism? |
| To what extent did Nazism influence
The Road to Serfdom?
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| Is it fair to say that Britain, over the past thirty years, has become more centralist, thus people have not perceived a decrease in freedom?
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| Risk of dangerous acts and strong moral traditions
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Impact of
The Road to Serfdomamong intellectual circles
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| What were your impressions of American society when you wrote
The Constitution of Liberty?
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| Does religious sentiment in America make it possible to morally justify hard work and enterprise?
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| Justice and society in
The Mirage of Social Justice
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| Morality and remuneration
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Is the continued energy and success of the American economy due to the Puritan ethic? |
Conclusions and summary |
Final credits |
