01: Hayek vs Keynes: The Most Important Liberal Economists
Supported by the Austrian Federal Chamber of Labour
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Hauptschule
Breakout
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in deutscher SpracheThe Great Depression in the 1930s and the following decades were strongly influenced by the dispute between Friedrich August von Hayek and John Maynard Keynes. Hayek saw the crisis as a catharsis and advised against intervening in the free markets. Keynes thought that stabilisation policies and strong political institutions applying, for example, stricter regulations to the financial markets were required to overcome mass unemployment. In the financial crisis period since 2007 the ideas of the two most important liberal economists of the 20th century have been under discussion again. What would Hayek and Keynes recommend today?
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Dr. Harald HAGEMANN
Chair of Economic Theory, Universität Hohenheim, Stuttgart
| 1972 | Diploma, University of Kiel |
| 1977 | PhD, University of Kiel (1978 Best Dissertation Award) |
| 1980-1981 | Professor of Political Economy, Free University of Berlin |
| 1982-1988 | Professor of Economics, University of Bremen |
| since 1988 | Professor of Economic Theory, University of Hohenheim, Stuttgart |
| 1989-1990 | Visiting Professor, Department of Economics, University of Cambridge |
| 1999-2000 | Theodor Heuss Professor, Graduate Faculty, New School for Social Research, New York |
| Visiting Professorships at the Universities of Bologna, EAFIT (Medellin), Graz, Linz, Lyon II, Nice, Paris 1 Pantheon-Sorbonne, Strasbourg, Sydney and WU Vienna University of Economics and Business |
Mag. Christa SCHLAGER
Head, Department of Economic Policy, Vienna Chamber of Labour, Vienna
| Studies, Vienna University of Economics and Business, Vienna | |
| Studies, Economics, Copenhagen Business School, Copenhagen | |
| since 1999 | Economics Department, Vienna Chamber of Labour, Vienna |
| since 2017 | Head, Department of Economic Policy, Vienna Chamber of Labour, Vienna |
Dr. Gunther SCHNABL
Professor for Economic Policy and International Economics, University of Leipzig
| 1995-2004 | Ph.D. and postdoc,Tübingen University, Stanford University, Catholic University Leuven |
| 2005 | Advisor, Directorate General International and European Relations, European Central Bank |
| since 2006 | Member, CESIfo Research Network |
| 2006 | Consultant, European Central Bank |
| since 2006 | Professor for Economic Policy and International Economics, Faculty of Economics and Management, University of Leipzig |
Mag. Dr. Stephan SCHULMEISTER
Independent Economic Researcher, Vienna; Lecturer, University of Vienna
| 1972-2012 | Research Fellow, Austrian Institute of Economic Research, Vienna |
| 1974-1975 | Post-graduate studies, Bologna Center, Johns Hopkins University, Bologna |
| 1982 | Visiting Scholar, New York University, New York |
| 1986-1987 | Visiting Scholar, Wissenschaftszentrum Berlin |
| 1988-2005 | Visiting Scholar, University of New Hampshire |
| since 2006 | Lecturer of Economics, University of Vienna and WU - Vienna University of Economics and Business, Vienna |
| 2010 | Visiting Scholar, International Monetary Fund, Washington |
Dr. Markus MARTERBAUER
Head, Department of Economics and Statistics, Austrian Federal Chamber of Labour, Vienna
| 1988-1994 | Universitätsassistent, Institut für Volkswirtschaftstheorie und -politik, WU (Wirtschaftsuniversität Wien) |
| 1994-2011 | Konjunkturreferent, Österreichisches Institut für Wirtschaftsforschung (WIFO), Wien |
| seit 2011 | Abteilungsleiter, Abteilung Wirtschaftswissenschaft und Statistik, Kammer für Arbeiter und Angestellte für Wien |
