The Pure Theory of Capital (The Collected Works of F. A. Hayek) [Paperback]

Description: The Pure Theory of Capital (The Collected Works of F. A. Hayek) [Paperback] Hayek, F. A. and White, Lawrence H. First published in 1941, The Pure Theory of Capital has long been overlooked. This volume offers a detailed account of the equilibrium relationships between inputs and outputs in a time-filled economy. Hayeks stated objective was to make capital theorywhich had previously been devoted almost entirely to the explanation of interest ratesuseful 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 business cycle theory. Hayeks manifesto of capital theory is now available again for todays students and economists to discover. F. A. Hayek (18991992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. He taught at the London School of Economics, the University of Chicago, and the University of Freiburg. Lawrence H. White is Professor of Economics at George Mason University. Features Used Book in Good Condition Anthem Books Difference Great quality new and used items! We aim to exceed expectations on every order with quick shipping and extra attention to quality packaging! Competitive Pricing With our dynamic pricing model, our prices are always competitive. Our prices are some of the lowest that you will find on the internet. Rest assured that you're getting a good deal when purchasing with us. 30-day Money Back Guarantee We are committed to making sure that you leave this transaction satisfied. If you're unhappy with the product for any reason, you may return it back for your money-back or a replacement within 30 days. No questions asked!

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