IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Hayek and Kaldor: close encounter at LSE

Listed author(s):
  • Hansjörg Klausinger


    (Vienna University of Economics and Business - Department of Economics)

Friedrich August Hayek and Nicholas Kaldor, both eminent economists, represented two antagonistic approaches, a radical Austrian School-type of liberalism vs an idiosyncratic type of Keynesianism, yet they shared a common starting point in their scientific work at lse during the 1930s. Three phases will be distinguished in the complicated relationship between Hayek and Kaldor in this period, leading from close collaboration via Kaldor’s emancipation eventually to outright conflict, highlighted in particular by the controversy on Hayek’s ‘concertina effect’. This paper not only carefully investigates these three phases at lse but also attempts to show the origins of their drifting away from the mainstream of economics.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: Access to full text is restricted to subscribers

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Fabrizio Serra Editore, Pisa - Roma in its journal History of Economic Ideas.

Volume (Year): 19 (2011)
Issue (Month): 3 ()
Pages: 135-166

in new window

Handle: RePEc:hid:journl:v:19:y:2011:3:6:p:135-166
Contact details of provider: Web page:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:hid:journl:v:19:y:2011:3:6:p:135-166. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mario Aldo Cedrini)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.