LA TEORÍA PURA DEL CAPITAL

by Friedrich A. Hayek

Publicado en 1941, en pleno auge de la revolución keynesiana, La teoría pura del capital fue un libro injustamente infravalorado, cuya lucidez podemos apreciar con mayor precisión a día de hoy. Propone una larga explicación a propósito de la heterogeneidad del capital social y su relación con el paso del tiempo. F.A. Hayek llegó a comentar que nunca había sentido que este libro estuviera verdaderamente completo. Pero en sus más de 500 páginas., es a día de hoy el más riguroso y serio tratado sobre el tema que se haya escrito.

Genres: Economics, Nonfiction

564 pages, Hardcover

First published May 1, 1941

About the author

Friedrich August von Hayek CH was an Austrian and British economist and philosopher known for his defense of classical liberalism and free-market capitalism against socialist and collectivist thought. He is considered by some to be one of the most important economists and political philosophers of the twentieth century. Hayek's account of how changing prices communicate signals which enable individuals to coordinate their plans is widely regarded as an important achievement in economics. Hayek also wrote on the topics of jurisprudence, neuroscience and the history of ideas.

Hayek is one of the most influential members of the Austrian School of economics, and in 1974 shared the Nobel Memorial Prize in Economics with Gunnar Myrdal "for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena." He also received the U.S. Presidential Medal of Freedom in 1991 from president George H. W. Bush.

Hayek lived in Austria, Great Britain, the United States and Germany, and became a British subject in 1938.

Reviews

[Emma Wong · Rating 3 out of 5]

Very difficult to slog through. Read it once. Not sure I completely understood it. Am putting it aside to come back to. I read Bohm Bawerk first, and his works made more sense to me than this. I get his argument against a uniform blob of amorphous capital, but I had some trouble following how his writings "explained" interest, which I thought was one of his aims.

[otium]

economics-invisible-hand

[Craig Bolton]

The Pure Theory of Capital (The Collected Works of F. A. Hayek) by F. A. Hayek (2007)

[Adam · Rating 1 out of 5]

Just plain didn't understand it.