Bruce Caldwell - 1930 and the Challenge of the Depression for Economic Thinking: Hayek vs Keynes

The video explores the intellectual relationship between Hayek and Keynes, debunking myths and highlighting their debates. It delves into Hayek's economic theories, particularly his views on the business cycle and regulation. The talk emphasizes the limits of knowledge in economics and the challenges of effective regulation. It concludes with reflections on Hayek's impact and the importance of humility in economic thought.

What were the implications of Hayek's ideas for the understanding of business cycles?

What does Hayek mean by 'malinvestment' and how does it relate to economic cycles?

How did Hayek's views on knowledge and information influence his economic theories?

How did Hayek's methodological views differ from mainstream economic thought?