F. A. Hayek s long-overlooked 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 celebrated scholar s last major work in economics. Offering a detailed account of the equilibrium relationships between inputs and outputs in an economy, Hayek s stated objective was to make capital theory "useful for the analysis of the monetary phenomena of the real world. His ambitious goal was nothing less than to develop a capital theory that could be fully integrated into the business cycle theory.
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F. A. Hayek s long-overlooked 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 celebrated scholar s last major work in economics. Offering a detailed account of the equilibrium relationships between inputs and outputs in an economy, Hayek s stated objective was to make capital theory "useful for the analysis of the monetary phenomena of the real world. His ambitious goal was nothing less than to develop a capital theory that could be fully integrated into the business cycle theory.
Imprint | Routledge |
Country of origin | United Kingdom |
Series | The Collected Works of F.A. Hayek |
Release date | April 2014 |
Availability | Expected to ship within 12 - 17 working days |
First published | 2008 |
Authors | F.A. Hayek |
Editors | Lawrence H. White |
Dimensions | 234 x 156 x 36mm (L x W x T) |
Format | Paperback |
Pages | 30 |
ISBN-13 | 978-1-138-00918-9 |
Barcode | 9781138009189 |
Categories | |
LSN | 1-138-00918-0 |