Visit our Christmas Gift Finder
Click & Collect from 2 Hours
Last Christmas Delivery Dates
Free UK Standard Delivery on orders £20 and over Order in time for Christmas 18th December 2nd Class | 19th December 1st Class Free Click & Collect to shops From 2 hours of your order*
The Pure Theory of Capital - The Collected Works of F. A. Hayek (Hardback)
  • The Pure Theory of Capital - The Collected Works of F. A. Hayek (Hardback)
zoom

The Pure Theory of Capital - The Collected Works of F. A. Hayek (Hardback)

(author), (author of introduction,editor), (foreword)
£65.50
Hardback 464 Pages / Published: 08/05/2007
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
"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 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 business cycle theory.

Publisher: The University of Chicago Press
ISBN: 9780226320991
Number of pages: 464
Weight: 774 g
Dimensions: 235 x 161 x 34 mm
Edition: New edition


MEDIA REVIEWS
"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"

You may also be interested in...

Capital
Added to basket
£8.99
Paperback
Conspicuous Consumption
Added to basket
The Origin Of Wealth
Added to basket
The Wealth of Nations
Added to basket
Capitalism: A Very Short Introduction
Added to basket
Basic Economics
Added to basket
£30.00
Hardback
Keynes
Added to basket
£9.99
Paperback
Small Is Beautiful
Added to basket
The Theory of Moral Sentiments
Added to basket
The Essential Keynes
Added to basket
The Wealth Of Nations
Added to basket
The Wealth of Nations
Added to basket
Game Theory: A Very Short Introduction
Added to basket
Capital
Added to basket
£3.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.