Contributor(s): Nicholas Wapshott | Eighty years ago at the LSE, Friedrich Hayek launched an assault upon the new economic thinking of John Maynard Keynes. The clash was so bitter and vituperative that it scandalized the cloistered world of academia. Eighty years on, the differences between the two men have still not been finally resolved and their conflicting approaches to the economy continue to define the profound chasm between politicians of left and right. Nicholas Wapshott is a columnist for Reuters and regular contributor to Newsweek and The Daily Beast. He is the author of Keynes Hayek: The Clash That Defined Modern Economics and Ronald Reagan and Margaret Thatcher: A Political Marriage. He is a former senior editor for The Times and the New York Sun and editorial consultant to Oprah Winfrey.