Hayek, F. A.
Business Cycles: Part I
- ISBN 13:
- 9780865979031
- author:
- Hayek, F. A.
- format:
- Paperback / softback
- publisher:
- Liberty Fund Inc
- language:
- English
- Publication Year:
- 2017
- Pages:
- 324
- Dimensions:
- 23 x 15.5 centimetres (0.43 kg)
- Genre:
- Business, Economics, Macroeconomics
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
Business Cycles by Friedrich August Hayek explores the causes of economic boom and bust periods. Hayek's work challenges traditional views on macroeconomics, arguing that business cycles are driven by changes in relative demand and the adaptation of production structures. This collection brings together two major monographs and twelve shorter papers on the topic, offering a comprehensive understanding of Hayek's thought on the subject. The volumes include extensive introductions by Hansjoerg Klausinger, providing context for Hayek's writings and their reception within the intellectual community. First published in 1976, Business Cycles remains an important work in the field of economics, shedding light on the consequences of central bank interventions and the importance of understanding business cycles.