- Elgar original reference
Edited by Roger W. Garrison and Norman Barry
Chapter 2: Hayek in the history of economic thought
[I]t is hardly remembered that there was a time when the new theories of Hayek were the principal rival of the new theories of Keynes. Which was right, Keynes or Hayek? There are many still living teachers of economics, and practical economists, who have passed through a time when they had to make up their minds on that question; and there are many of them (including the present writer) who took quite a time to make up their minds. (Hicks, 1967, p. 203)
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