John Maynard Keynes Vs Friedrich August Hayek live on the BBC

Interesting article on the two economists, Keynes & Hayek. Obviously as a socialist I'd be on the Keynesian Economics side of the debate :
As their economies contracted, governments responded to their mounting budget deficits by raising taxes and cutting spending.
The Great Depression bottomed out at the end of 1932, with British unemployment having reached 20%, American unemployment even higher.

Read the full article at Things and stuff.