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Monetary Theory and the Trade Cycle (Paperback)
Loot Price: R416
Discovery Miles 4 160
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Monetary Theory and the Trade Cycle (Paperback)
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Loot Price R416
Discovery Miles 4 160
Expected to ship within 10 - 15 working days
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2012 Reprint of 1932 Edition. Exact facsimile of the original
edition, not reproduced with Optical Recognition Software. This
essay is one of the important early works that together "represent
the first integration and systematic elaboration of the Austrian
theories of money, capital, business cycles, and comparative
monetary institutions, which constitute the essential core of
Austrian macroeconomics. Indeed these works have profoundly
influenced postwar expositions of Austrian or "capital-based"
macroeconomics down to the present day. The creation of such an
oeuvre would be a formidable intellectual feat over an entire
lifetime; it is an absolute marvel when we consider that Hayek had
completed it in the span of eight years (1929-1937) and still well
shy of his fortieth birthday."-- Joseph T. Salerno
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