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Contra Keynes and Cambridge: Essays, Correspondence: 9 (The Collected Works of F. A. Hayek)

F. A. Hayek




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 | #1665447 in eBooks |  2012-09-21 |  2012-09-21 | File type: PDF

||7 of 7 people found the following review helpful.| Good Overview of the Keynes-Hayek Episode|By James F. Mueller|The reviewer Mr. Brady attempts to dismiss the work of Hayek because of his failure to adequately distinguish between fixed and circulating capital, in addition to paying insufficient attention to the role of uncertainty.
This observation is admittedly partly true. When Hayek began his work on business cycle th|About the Author|F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism  in the twentiet

In 1931, when the young F. A. Hayek challenged the economic theories of John Maynard Keynes, sixteen years his senior, and one of the world's leading economists, he sparked a spirited debate that would influence economic policy in democratic countries for decades. Their extensive exchange lasted until Keynes's death in 1946, and is reprinted in its entirety in this latest volume of The Collected Works of F. A. Hayek.



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