The question surrounding economic intervention by a government is an intellectual argument that has raged for decades.
The question has vexed economists and politician alike for decades. John Maynard Keynes and Friedrich Hayek took opposite sides in the argument.
Friedrich Hayek was considered, by many, as one of the champions of the free financial market. Governments should not meddle with financial markets.
Of all the big pro-market thinkers, Friedrich Hayek was by far the most radical. He believed the market should be freer than any government has ever dared to allow it to be.
Stephanie Flanders considers how three extraordinary thinkers shaped the 20th century view of Economics. The masters of money looks to tame capitalism.
Friedrich Hayek, Karl Marx and John Maynard Keynes were giants is intellectual thinking in the 20th century.
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