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The Pure Theory of Capital, F. A. Hayek's long-overlooked, little-understood volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek's manifesto of capital theory is now available again for today's students and economists to discover.

With a new introduction by Hayek expert Lawrence H. White, who firmly situates the book not only in historical and theoretical context but within Hayek's own life and his struggle to complete the manuscript, this edition commemorates the...

Originally published in 1960, The Constitution of Liberty delineates and defends the principles of a free society and traces the origin, rise, and decline of the rule of law. Casting a skeptical eye on the growth of the welfare state, Hayek examines the challenges to freedom posed by an ever expanding government as well as its corrosive effect on the creation, preservation, and utilization of knowledge.

In distinction to those who confidently call for the state to play a greater role in society, Hayek puts forward a nuanced argument for prudence. Guided by this...

From the $700 billion bailout of the banking industry to president Barack Obama s $787 billion stimulus package to the highly controversial passage of federal health-care reform, conservatives and concerned citizens alike have grown increasingly fearful of big government. Enter Nobel Prize winning economist and political theorist F. A. Hayek, whose passionate warning against empowering states with greater economic control, "The Road to Serfdom," became an overnight sensation last summer when it was endorsed by Glenn Beck. The book has since sold over 150,000 copies.

The latest entry in...

F. A. Hayek, recipient of the Medal of Freedom in 1991 and winner of the Nobel Memorial Prize in Economics in 1974, taught at the University of Chicago, the University of London, and the...

In diesem Band, der ursprunglich 1933 von Friedrich A. Hayek herausgegeben wurde, sind eine Reihe von Beitragen zur Geldtheorie zusammengestellt, deren Autoren aus heutiger Sicht zu Wegbereitern der modernen Geldtheorie gezahlt werden konnen.

Die Beitrage von Knut Wicksell, Gunar Myrdal, Johan G. Koopmans, Marius W. Holtrup und Marco Fanno wurden fur diese Ausgabe eigens ins Deutsche ubersetzt, um sie einer breiteren Offentlichkeit bekannt zu machen. Die abgedeckten Themengebiete umfassen die Theorie des Geldmarktes, die Umlaufgeschwindigkeit des Geldes, das Problem des "neutralen"...