A good summation of Hayek by DeLong. That's actually just a small part of the post, but I liked it a lot. I hate this "clash of the titans"/"fight of the century" mentality that some people have. It's absurdly juvenile. If you can't recognize quality economics in both Keynes and Hayek - if you have to dismiss either of them as being some kind of threat to Western civilization - you're really out of your depths and should probably just keep your thoughts to yourself.