25 May Hayek and Keynes: Bomb Throwers
Sometime in the summer of 1942, the economists John Maynard Keynes and Friedrich Hayek spent the night on the roof of the King’s College Chapel in Cambridge. The Germans were in the midst of what some called the “Baedeker bombings,” a campaign to destroy the quaint and historical sorts of buildings that might be found in a Baedeker travel guide, in an effort to break the British fighting spirit. The Cambridge faculty volunteered to spend nights protecting their buildings from damage by extinguishing flames from incendiary bombs. Keynes was a long-time fellow of King’s College. Hayek was in Cambridge for the summer, the London School of Economics having closed due to the blitz.
Keynes’ greatest book, his General Theory of Employment, Interest and Money had been published in 1936, to the acclaim and fury of the entire field of economics. Hayek had just finished what was to become his greatest book, The Road to Serfdom, but he had yet to find a publisher for it. When he did publish it, the impact would be explosive.
Both men were intellectual bomb throwers; creatively destructive in their attacks on prevailing orthodoxies.
Eric Samuelsen on his play, Clearing Bombs, which somehow I missed when it was performed in Salt Lake City in 2014. Did any of you see it?
Read the Full Article here: >Marginal Revolution