Keynes' ideas have become the dogma in recent years, but do you believe the pendulum will swing back towards Hayek's free markets and limited government in the foreseeable future? Has society become too reliant on government support to ever allow free markets to work again? Which Economist has the better argument about the role of Government in the economy?
Where do you stand on the issue? What are the best reasons to support your side? Identify the main flaws in the opposing argument.
Check out the articles below as you develop your arguments.
http://welkerswikinomics.com/blog/2011/10/31/keynes-versus-hayek-101-the-debate-continues/
http://www.soundmoneyproject.org/?p=2085
http://www.reuters.com/subjects/keynes-hayek - Watch the actual Debate!
And for those who appreciate Audio and Visual Awesomeness...
Keynes vs. Hayek: Fear the Boom and Bust
Keynes vs. Hayek: Round 2... Fight of the Century
