Consisting of seven of the author's most significant monetary writings from the 1920s, this collection focuses on his critique of the idea that price stabilization is consistent with the stabilization of foreign exchange.
Consisting of seven of the author's most significant monetary writings from the 1920s, this collection focuses on his critique of the idea that price ...
Hayek's most detailed work in economic theory, The Pure Theory of Capital has long been overlooked. First published in 1941, it stood in sharp contrast with fashionable economic thought, which had shifted under the influence of John Maynard Keynes. This publication represents Hayek's last major work in economics. This volume offers a detailed account of the equilibrium relationships between inputs and outputs in a time-filled economy. Hayek's stated objective was to make capital theory -- which had previously been devoted almost entirely to the explanation of interest rates -- useful for the...
Hayek's most detailed work in economic theory, The Pure Theory of Capital has long been overlooked. First published in 1941, it stood in sharp contras...
In this collection of essays, some of which appear here in English for the first time, F.A. Hayek traces his intellectual roots to the Austrian School. The text also links the Austrian School to the modern rebirth of classical liberal thought.
In this collection of essays, some of which appear here in English for the first time, F.A. Hayek traces his intellectual roots to the Austrian School...
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...
The Pure Theory of Capital, F. A. Hayek's long-overlooked, little-understood volume, was his most detailed work in economic theory. Original...
Produced throughout the first fifteen years of Hayek's career, the writings collected in Capital and Interest see Hayek elaborate upon and extend his landmark lectures that were published as Prices and Production and work toward the technically sophisticated line of thought seen in his later Pure Theory of Capital. Illuminating the development of Hayek's detailed contributions to capital and interest theory, the collection also sheds light on how Hayek's work related to other influential economists of the time. Highlights include the 1936 article "The Mythology of...
Produced throughout the first fifteen years of Hayek's career, the writings collected in Capital and Interest see Hayek elaborate upon and exte...
