Last edited by Dotilar
Thursday, November 5, 2020 | History

5 edition of Prices and production. found in the catalog.

Prices and production.

Friedrich A. von Hayek

Prices and production.

  • 253 Want to read
  • 35 Currently reading

Published by Kelley in New York .
Written in English

Edition Notes

2nd ed. first published 1935; 1st ed. 1931.

SeriesStudies in economics and political science -- no. 107
ID Numbers
Open LibraryOL18105135M
ISBN 100678065152

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Prices and production. by Friedrich A. von Hayek Download PDF EPUB FB2

The latter article was a long essay that was to become the core of his celebrated book and the third work in this volume, Prices and Production, the publication of which two years later made him a world-renowned economist by the age of thirty-two.

But the young Hayek did not pause to savor his success. Prices and Production is a book of great significance. The historic significance of this book stems mainly from the fact that it established Austrian Business cycle theory as the leading explanation of the Great Depression prior to the publication of Keynes' General Theory/5(7).

Prices and Production is a book written by FriedrichIt was revised. Quotes [] Preface of the First Edition () [] While the more naive forms of inflationism are sufficiently discredited today not to do much harm in the near future, contemporary economic thought is so much permeated by an inflationism of a subtler kind that it is to be feared that for some time.

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The re-publication of these works in a single volume is a magnificent event that fills a yawning gap in the Austrian macroeconomic literature. My original intention in writing this book was to consider evolving mar­ Prices and production. book systems and Hayekian criteria of efficiency (see von Hayek (, )), and to discover those formal structures which might possibly lie at the base of economic systems capable of evolution.

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