The Pure Theory of Capital - Couverture souple

Hayek, F A

Couverture souple

ISBN 10 : 022621558X ISBN 13 : 9780226215587

Editeur : University of Chicago Press, 2014

Synopsis

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.

A propos du livre

À propos de l?auteur

F. A. Hayek (1899-1992), recipient of the Presidential Medal of Freedom in 1991 and co-winner of the Nobel Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism in the twentieth century. He taught at the University of Vienna, University of London, University of Chicago, and University of Freiburg.

Détails de l'édition

• Éditeur: University of Chicago Press
• Date d'édition: 2014
• Langue: anglais
• ISBN 10: 022621558X
• ISBN 13: 9780226215587
• Reliure: Broché
• Nombre de pages: 464
• Éditeur: White Lawrence H
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible