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Item Details
Title: FRIEDRICH A. VON HAYEK
CRITICAL ASSESSMENTS OF CONTEMPORARY ECONOMISTS
By: Robert D. Wood (Editor), John Cunningham Wood (Editor)
Format: Hardback

List price: £1,000.00
Our price: £970.00
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You save: £30.00
ISBN 10: 0415310555
ISBN 13: 9780415310550
Availability: Usually dispatched within 1-3 weeks.
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Publisher: TAYLOR & FRANCIS LTD
Pub. date: 26 February, 2004
Series: Critical Assessments of Contemporary Economists no.2
Pages: 1720
Description: Today Hayek reigns supreme as the kind of moral philosopher and political economist that economics has not seen since Adam Smith. This study charts the changes in his critical reputation.
Synopsis: Hayek's reputation has gone through a remarkable cycle. An eminent exponent of the Austrian theory of business cycles in the 1930s, he was worsted in the controversy over Keynes' Treatise on Money (1930). Following this defeat, Hayek retreated into capital theory, an esoteric branch of economics in which few economists then took an active interest. He gave up economics altogether after the war and turned to psychology, political philosophy, philosophy of law and the history of ideas. However, in 1974 he won the Nobel Prize and returned to mainstream economics as a leading critic of Keynesianism and an advocate of free banking as the answer to inflation. Today Hayek reigns supreme as the kind of moral philosopher and political economist that economics has not seen since Adam Smith. Also forthcoming in this series is Paul A. Samuelson, 2nd Series (October 2004, 3 volumes, GBP425).
Publication: UK
Imprint: Routledge
Returns: Returnable
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