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LSE Keynes v Hayek debate to be broadcast on BBC Radio 4

More than 1,000 people attended the BBC Radio 4 debate Keynes v Hayek hosted by the London School of Economics and Political Science on Tuesday 26 July. The theatre was packed with over 460 people, and more than 450 people were accommodated in other theatres where the debate was being streamed live.

Keynes and Hayek, two of the great economic thinkers of the 20th century, had sharply contrasting views on how to handle financial crises and ensure economic recovery. While Keynes advocated state spending, Hayek believed in tight debt controls. The event saw modern day followers of Keynes, Lord Skidelsky, Emeritus Professor of Political Economy at the University of Warwick, and Duncan Weldon, former Bank of England economist, debating with modern day followers of Hayek, George Selgin, Professor of Economics at the University of Georgia, and Jamie Whyte, Head of Research and Publication at Oliver Wyman & Company. The debate was chaired by Paul Mason, Economics Editor of Newsnight, BBC 2.

For those who missed out, there is still a chance to listen to the debate as it will be transmitted on BBC Radio 4 on Wednesday 3 August at 8pm, Saturday 6 August at 10.15pm, and at 9am on Wednesday 24th August.

To listen to the audio trail for the programme, please go to http://audioboo.fm/boos/427354-bbc-radio-4-keynes-vs-hayek-2011. To listen to the unedited LSE podcast, please visit Keynes v Hayek.