The Truth of Liberal Economy

The Truth of Liberal Economy

Jacques Rueff and John Maynard Keynes

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This book provides historical, theoretical, and biographical perspectives on two giants of contemporary economics, Jacques Rueff (1896-1978) and John Maynard Keynes (1883-1946). The former French bureaucrat and academician championed classical economics; the latter British economist founded macro-economics criticizing the classical school. Depending upon archival sources, including personal correspondences between the above two figures, the book describes furious debates between them and surrounding them.In fact, the two economists proposed contrasting diagnosis over almost every event in cont...