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This book provides a collection of essays by leading economists in
honour of David Laidler's contributions to the field of
macroeconomics, with important essays on central banking, monetary
policy implementation, inflation targeting, monetary theory,
monetary framework debates, and the mathematical theory of banking.
This fourth volume examines his time in Vienna and Chicago
(1931-1950), when Hayek held the prestigious University of London
Tooke Professorship of Economic Science and Statistics. Between
Vienna and Chicago (1931-1950), although his business cycle work
was apparently defeated, this study takes a closer look at Hayek's
successes.
This work xxamines the process by which Keynesianism, with its
sympathetic view of the role of government in the economy and
society, lost influence amongst economists and policy makers and
was replaced by more negative views about government intervention
and more positive views about the role of the market as a social
organiser.
F.A. Hayek (1899-1992), the co-leader of the Austrian free market
school, embraced the transparently fraudulent assertion made by
Donald McCormick, aka Richard Deacon, in The British Connection
which accused A.C. Pigou, the co-leader of the Cambridge market
failure school, of being a Soviet spy.
This volume contains a range of contributions from top scholars in
the field which use key archival evidence to provide a
comprehensive overview of the Anti-Keynesian Tradition, and its
main players. With incisive research and masterful analysis, this
volume traces the movement by focusing on the evolution of thought
within this school.
This volume examines the process by which Keynes' message got
interpreted and re-interpreted and thus separated into a Left and a
Right political-economic stream. Archival evidence is used to shed
a fresh light on many of the controversies (and colourful
characters) of the Keynesian tradition, including Dennis Robertson,
Don Patinkin, Roy Harrod, Sidney Weintraub, Richard Kahn, Joan
Robinson, Nicholas Kaldor and, of course, John Maynard Keynes.
In the twentieth century, the United States replaced the United
Kingdom as the centre of both the output of economic literature and
the international economy. Having examined the structure of
influence within the Keynesian and the Anti-Keynesian Traditions,
(volume 1 and 2), this volume, the third of the trilogy, focuses
more directly on economists and it highlights a multi-layered
structure of influence within the policy process. Unpublished
archival evidence illuminates aspects of the process by which the
USA emerged as a dominant player in the world economy. This volume
will be of interest not just to economists but to historians and
social scientists, and to anyone interested in this transformation
in world history.
<I>Ideology and International Economy</I> is the first major study of the intellectual and institutional forces which combined to undermine the Bretton Woods system of fixed exchange rates. In two decades, Milton Friedman's "case for flexible exchange rates" was transformed from a minority academic viewpoint to the operational framework for the international monetary system. In the process, the International Monetary Fund was defeated, sidelined and in danger of becoming an irrelevant organization.
In this sixth volume contributors examine Hayek's neoliberal
economics and politics in the 20th century, and the demise of the
socialist system. Taking a closer look at Hayek's time in
Australia, and his time spent travelling in the east.
F.A. Hayek (1899-1992) was a Nobel Prize winning economist, famous
for his defense against classical liberalism. This volume xamines
Hayek's relationship with the Chicago School, and looks at The
Consitution of Liberty - Hayek's vision of the wealthy. The study
highlights the paradox that arises from the spontaneous order of
trade unions.
Friedrich Hayek was awarded the 1974 Nobel Prize for Economic
Sciences for his contributions to the analysis of money and the
business cycle, and for his penetrating analysis of the
interdependence of economic, social and institutional phenomena.
Hayek was a polymath: he systematically analyzed human rationality,
the nature of knowledge, and methodology. This book, which analyses
his contributions to the emerging - and revolutionary - field of
behavioral economics, has been written by an outstanding collection
of authors including Deirdre McCloskey, Herbert Gintis, Peter
Boettke and Nobel Laureate Vernon Smith. It is demonstrated that
Hayek's seminal contributions came decades before economists such
as Herbert Simon (winner of the 1978 Nobel Prize) and Harvey
Leibenstein began to develop the field in earnest.
Fifteen scholars have collaborated to provide a comprehensive
analysis of the life and work of one of the most influential
economists of all time. The authors include the Official Historian
of the Reserve Bank of Australia (Selwyn Cornish), the Director of
the von Mises Institute (Douglas French), Hayek's second General
Editor (Stephen Kresge), the founder of est (Werner Erhard), plus
seven Professors - of Economics (David Laidler, Viktor Vanberg and
Robert Leeson), Economic History (Avner Offer and Jan-Otmar Hesse),
Politics (Melissa Lane) and Social Policy (Nils Goldschmidt). The
Universities represented include Stanford, Princeton, Oxford,
Bielefeld, Western Ontario, Uppsala and Freiburg. This is the first
time that such a distinguished collection of scholars - from a
variety of perspectives - have attempted to integrate Hayek's life,
work and influence on world history with the archival evidence.
A group of leading scholars from around the world use archival
material alongside Hayek's published work to bring a new
perspective on the life and times of one the 20th century's most
influential economists. This much awaited second volume details the
life of Hayek from 1899 to 1933 covering Hayek's time in Austria
and the USA.
A group of leading scholars from around the world use archival
material alongside Hayek's published work to bring a new
perspective on the life and times of one the 20th Century's most
influential economists. This much awaited second volume details the
life of Hayek from 1899 to1933 covering Hayek's time in Austria and
the USA.
This fourth volume examines his time in Vienna and Chicago
(1931-1950), when Hayek held the prestigious University of London
Tooke Professorship of Economic Science and Statistics. Between
Vienna and Chicago (1931-1950), although his business cycle work
was apparently defeated, this study takes a closer look at Hayek's
successes.
F.A. Hayek (1899-1992), the co-leader of the Austrian free market
school, embraced the transparently fraudulent assertion made by
Donald McCormick, aka Richard Deacon, in The British Connection
which accused A.C. Pigou, the co-leader of the Cambridge market
failure school, of being a Soviet spy.
F.A. Hayek (1899-1992) was a Nobel Prize winning economist, famous
for his defense against classical liberalism. This volume xamines
Hayek's relationship with the Chicago School, and looks at The
Consitution of Liberty - Hayek's vision of the wealthy. The study
highlights the paradox that arises from the spontaneous order of
trade unions.
This is the first collaborative biography of Hayek. Some of the
world's most distinguished scholars will integrate the archival
evidence with Hayek's published writings to illuminate the process
by which Hayek changed the direction of world history.
An exploration of Friedrich Hayek's contribution to the foundation
of behavioural economics, and how his work interacted with and
complemented that of his contemporaries. Chapters include detailed
discussions of the concept of rationality, psychology and Hayek's
philosophical theories as well as the historical context in which
he lived and worked.
Uses archival evidence to provide unique insights into US
economics, focusing on the origins of the IMF, building a
multilateral strategy for the US, the Great Inflation of the 1970s,
and on Marriner S. Eccles, Lauchlin Currie, Allyn Young, John H.
Williams and Arthur I. Bloomfield.
This volume examines the process by which Keynes' message got
interpreted and re-interpreted and thus separated into a Left and a
Right political-economic stream. Archival evidence is used to shed
a fresh light on many of the controversies (and colourful
characters) of the Keynesian tradition.
For twenty-five years, the International Monetary Fund administered
a worldwide system of fixed exchange rates until their system was
destroyed by a combination of market forces and those who advocated
market forces. The first destructive element has been extensively
analyzed; the second has hitherto been almost completely ignored.
Robert Leeson examines the process by which the case for flexible
exchange rates was transformed from an academic exercise to become
the organizing principle for international monetary relations.
This book examines the process by which Keynesianism, with its
sympathetic view of the role of government in the economy and
society, lost influence amongst economists and policy makers and
was replaced by more negative views about government intervention
and more positive views about the role of the market as a social
organiser.
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