The Pure Theory of Capital, the Definitive Edition (The Collected Works of F. A. Hayek)

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9780226215587: The Pure Theory of Capital, the Definitive Edition (The Collected Works of F. A. Hayek)
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"If I had to single out the area in which Hayek's contributions were the most fundamental and pathbreaking, I would cast my vote for the theory of capital. . . . It is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published."--Fritz Machlup, past president, American Economic Association

If I had to single out the area in which Hayek's contributions were the most fundamental and pathbreaking, I would cast my vote for the theory of capital. . . . It is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published. --Fritz Machlup, past president, American Economic Association"

Reseña del editor:

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 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—which had previously been devoted almost entirely to the explanation of interest rates—“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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Descripción The University of Chicago Press, United States, 2014. Paperback. Condición: New. Language: English . Brand New Book. 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 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-which had previously been devoted almost entirely to the explanation of interest rates- 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. Nº de ref. del artículo: AAC9780226215587

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Descripción The University of Chicago Press, United States, 2014. Paperback. Condición: New. Language: English . Brand New Book. 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 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-which had previously been devoted almost entirely to the explanation of interest rates- 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. Nº de ref. del artículo: AAC9780226215587

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Descripción University of Chicago Press 10/8/2014, 2014. Paperback or Softback. Condición: New. The Pure Theory of Capital, the Definitive Edition. Book. Nº de ref. del artículo: BBS-9780226215587

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F A Hayek
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Descripción The University of Chicago Press, United States, 2014. Paperback. Condición: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. 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 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-which had previously been devoted almost entirely to the explanation of interest rates- 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. Nº de ref. del artículo: BTE9780226215587

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