The Economics of Time and Ignorance is one of the seminal works in
modern Austrian economics. Its treatment of historical time and of
uncertainty helped set the agenda for the remarkable revival of
work in the Austrian tradition which has led to an ever wider
interest in the once heretical ideas of Austrian economics. It is
here reprinted with a substantial new introductory essay, outlining
the major developments in the area since its original publication a
decade ago.
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