Commanding Heights

Cierre del ciglo 20 September 11th… globalizations makes us independent. Which go forth control the imperious heights of economies: Government or markets. Which sparing system will survive. The battle of ideas that still divides our world… THE BATTLE OF IDEAS World state of contend II 1940, Cambridge University 2 most important economists of the world. Keynes helped the allied governments defend exemption by planning their wartime economies. Hayek thought that government interference for economies, whas a threat for freedom. Hayek thought the market would eventually take do of himself. Europe 1910 Keynes describe the global market in which carry on flowed freely. Hayek: we did not realize how fragile our civilization was. The murder of an Austrian archduke by a terrorist triggered a world war (World war I). It would be almost 80 years before there was once again a truly global economy. Hayek served in the Australian artillery, he vowed to fight for a better world. lot was looking for a better world, socialism and communism seemed to ensure that better world. St. Petersburtg, 1917 The Russian mutation aimed to deliver that better world. The revolution made trade, commerce and private property, criminal acts. Lenin promised to end the economic exploitation of man by man.

Cambridge university 1918 Keynes was an academic in Cambridge university, Keynes advised the british government during WWI on how to organize its wartime economy. The british cherished to charge Germany the reparations of the war, but he didn´t succeed with that. capital of Austria 1919 Austria lost the war and its empire. Socialists and communists were winning the battle. Hayek decided to do economic science during the WWI. Socialism seemed to promise a more just society. Hayek fall in Ludvik Von Misses. Von Mises believed markets, like people, needed to be free from government medling. Von Mises was of the Austrian School. Von Mises predicted that the New Soviet socialist... If you want to get a fully essay, order it on our website: Orderessay

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