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Loading... Monetary Theory and the Trade Cycleby Friedrich A. Hayek
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Sign up for LibraryThing to find out whether you'll like this book. No current Talk conversations about this book. Hayek's ideas about the business cycle are said to be relevant to the current economic crisis. This Hayek book sketches his theory of mis-allocated investments arising from cheap credit. However, the theory does not seem altogether cogent. Furthermore, the writing is rooted in the debates of the mid-20th century and so much of the context of the polemics is lost for contemporary readers. Still, it is a worthwhile read for students of economics. ( ) no reviews | add a review
Published originally in 1929, Monetary Theory and the Trade Cycle is the first essay Friedrich A. Hayek wrote. It serves as a primer into Hayek's monetary and capital theories. No library descriptions found. |
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Google Books — Loading... GenresMelvil Decimal System (DDC)338.54Social sciences Economics Production Microeconomics FluctuationsLC ClassificationRatingAverage:
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