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Is There Another Keynes Out There?

on BBC Radio 4 FM

John Maynard Keynes died in 1946 but the economic theories he developed were successfully used by governments all over the world to produce more than 25 years of unparalleled prosperity.
By the mid-70s however, in the wake of the huge rise in oil prices and mounting inflation, doubts began to set in. Some said Keynesian policies were simply out of date; others that they had always contained the seeds of the own destruction. Rodney Smith , presenter of The Financial World Tonight, set out with the question: ' Is there another Keynes out there? ' - someone with the knowledge and foresight to rescue Britain (and others) from a future of slump and inflation. The answers he found are both challenging and disturbing. Producer WILL HUTTON A Financial World Tonight production

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Unknown:
John Maynard Keynes
Unknown:
Rodney Smith

BBC Radio 4 FM

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