Summary: Who were Keynes and Hayek, and how did their economic philosophies and views affect the world today? Nicholas Wapshott, who wrote Keynes Hayek: The Clash That Defined Modern Economics and is the former New York bureau chief of The Times, editor of the Saturday Times of London, founding editor of The Times Magazine, and political editor of The Observer, tells Doug about the differences in both economic systems and how the economies of the West have been shaped by them. “Goldstein on Gelt” is a global investment and financial planning radio show designed to educate and entertain its listeners with financial strategies and investment tips. Investment advisor Douglas Goldstein hosts the weekly show, which can also be heard at www.goldsteinongelt.com, and is the director of Profile Investment Services, Ltd., www.profile-financial.com
