1st Edition

Capital and Interest

Edited By Lawrence H. White Copyright 2016
240 Pages
by Routledge

240 Pages 12 B/W Illustrations
by Routledge

240 Pages 12 B/W Illustrations
by Routledge

Produced throughout the first fifteen years of Hayek's career, the writings collected in Capital and Interest see Hayek elaborate upon and extend his landmark lectures that were published as Prices and Production and work toward the technically sophisticated line of thought seen in his later Pure Theory of Capital. Illuminating the development of Hayek's detailed contributions to capital... Read more

1. Some Observations on the Imputation Problem (1926)   2. On the Problem of Interest Theory (1927)   3. Utility Analysis and Interest (1936)   4. Capital Consumption (1932)   5. Saving (1934)   6. On the Relationship between Investment and Output (1934)   7. Professor Hayek and the Theory of Investment by Frank H. Knight (1935)   8. The Mythology of Capital (1936)   9. Technical Progress and Excess Capacity (1936)   10. The Maintenance of Capital (1935)   11. Maintaining Capital Intact by A. C. Pigou (1941)   12. Maintaining Capital Intact: A Reply (1941)

Biography

F. A. Hayek (1899–1992), recipient of the Presidential Medal of Freedom in 1991 and cowinner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.



Lawrence H. White is professor of economics at George Mason University.