Money, Capital, and Fluctuations: Early Essays.

HAYEK, F. A; Roy McCloughry.

$40.00

Item Number: 146655

Chicago: The University of Chicago Press, 1984.

First edition of this collection of essays on monetary and capital theory, the business cycle, and the history of economic analysis. Octavo, original cloth. Fine in a near fine dust jacket with some toning to the spine.

Friedrich August von Hayek was an Austrian-British academic who contributed much to economics, political philosophy, psychology, and intellectual history. He shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena, and his account of how prices communicate information is widely regarded as an important contribution to economics that led to him receiving the prize.