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    The Trend of Economic Thinking: Essays on Political Economists and Economic History
    Unavailable
    The Trend of Economic Thinking: Essays on Political Economists and Economic History
    Unavailable
    The Trend of Economic Thinking: Essays on Political Economists and Economic History
    Ebook625 pages11 hours

    The Trend of Economic Thinking: Essays on Political Economists and Economic History

    By F. A. Hayek

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    About this ebook

    The Iron Curtain has been cast aside. The Berlin Wall has fallen. Germany has been reunited. And F. A. Hayek's forceful predictions of the inevitable failure of socialism and central economic planning are now rendered irrefutable. Yet Hayek still rightfully cautions us to heed his arguments, warning that "in economics you can never establish a truth once and for all but have always to convince every generation anew."

    The Trend of Economic Thinking captures Hayek's views on political economists and economic history—on Mandeville, Hume, Cantillon, Adam Smith, and Henry Thornton. Framed by insightful editorial notes, fifteen newly collected essays—including five previously unpublished pieces and two others never before available in English—provide a fascinating introduction to the historical context of political economy and the evolution of monetary practices. In a highlight of the collection, "On Being an Economist," Hayek reflects on the influence of economists, the time required for new ideas to take hold, the best way to educate economic theorists, and the need to follow one's own interests, often in opposition to fashionable beliefs. As always, the words of this outspoken scholar are sure to provoke debate.
    LanguageEnglish
    PublisherUniversity of Chicago Press
    Release dateDec 1, 2012
    ISBN9780226321363
    Unavailable
    The Trend of Economic Thinking: Essays on Political Economists and Economic History

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