Roger Backhouse (economist)

"In the years after 1936, whilst Hayek was working on The Pure Theory of Capital, most economists were convinced by Keynes, whose theory had an elegance and simplicity that Hayek’s did not. Keynes’ the…"

"As the title of his 1941 book indicates, the theory of capital lay at the heart of his theory of the cycle. The reason is that he attributes the cycle not to changes in aggregate demand, or even to ch…"

"Following the financial crisis of September 2008 when the American investment bank Lehman Brothers collapsed, threatening to engulf the entire banking system, the British economist John Maynard Keynes…"

"Since the 1970s, interest in economic methodology has grown dramatically, to the extent that it is now possible to view methodology as a clearly identifiable sub-discipline within economics."