Keynes and Hayek were two of the most influential economists of modern times. But how did their economic philosophies and views affect the world today? Nicholas Wapshott, who wrote Keynes Hayek: The Clash That Defined Modern Economics and is the former New York bureau chief ofThe Times, editor of theSaturday Times of London,  founding editor of The Times Magazine, and political editor of The Observer, tells Doug about the differences in both economic systems and how the economies of the West have been shaped by them. Also enjoy listening to all of your favorite people on Goldstein on Gelt.

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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]