The Pure Theory of Capital

Vol. 12 of The Collected Works of F. A. Hayek

The Pure Theory of Capital, F. A. Hayek’s long-overlooked, little-understood volume, was his most detailed work in economic theory.

Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek’s manifesto of capital theory is now available again for today’s students and economists to discover.

Purchase the volume at University of Chicago Press.

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