000			01750cam a22002411 4500
008			790308s1941 enka erb 001 0 eng c
040			_aHarvard univ. Library _cNGenoU
050	0	0	_aHB501 _b.H392
082			_a330.122 _bHAY
100	1		_aHayek, Friedrich A. von
245	1	4	_aThe pure theory of capital /
260			_aLondon : _bRoutledge & Kegan Paul Ltd , _c1941.
300			_axxxi, 454 p.
504			_aIncludes bibliographical foot-notes: p. 441-449 and index
520			_a"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.
590			_arpm 09/11/2017 hza 07/02/2019
591			_aLoans
650		0	_aCapital.
650		0	_aInvestments.
650		0	_aInterest.
942			_2ddc _cBOOK
949			_a330.122 HAY
999			_c6962 _d6962