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Monetary Theory and the Trade Cycle

Monetary Theory and the Trade Cycle

Penned By Friedrich A. Hayek
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Monetary Theory and the Trade Cycle

Monetary Theory and the Trade Cycle

Penned By Friedrich A. Hayek
4.85 61,178 Ratings
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Editor's Note:
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. In it, he takes the time to dismember opposing monetary theories of the trade cycle, discarding faulty analysis and maintaining sound foundations, as to lead to his own monetary theory of the trade cycle.Hayek’s trade cycle theory is largely based on the headway made in capital theory by Wicksell and Böhm-Bawerk, and Ludwig von Mises’s spectacular insights on monetary theory (The Theory of Money and Credit), and was later further developed in Prices & Production, published in 1931.

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Length N/A Pages
Released 1929
Identifier (ISBN) 5293050
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Friedrich A. Hayek
The Mind Behind the Work
Friedrich A. Hayek

Friedrich A. Hayek writes contemporary fiction and has always been fascinated by character-driven stories. They hold a degree in English Literature and previously worked as an editor before transitioning to writing their own books. Friedrich A. Hayek lives with their spouse and a very vocal rescue cat.

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