In February 1936, John Maynard Keynes' The General Theory of Employment, Interest and Money became the new benchmark for economic thought. 80 years later, what place does this work have? Has 'Corbynomics' re-ignited Keynsian thought, or does it remain in a state of political and theoretical decline?
Leading Keynes biographer, Lord Skidelsky, and Permanent Secretary to the Treasury, Nick Macpherson, debated whether Keynes' General Theory has had its day.
Sir Nick Macpherson
Permanent Secretary to the Treasury
Lord (Robert) Skidelsky FBA
Emeritus Professor of Political Economy, University of Warwick