Prices and Production

Name: Prices and Production
Author: Friedrich A. Hayek

1960

by Friedrich A. Hayek

Friedrich A. HayekAustrian SchoolCapital TheoryEconomic GoodsEugen von Bohm-BawerkKnut WicksellLiquidityLudwig von MisesMonetary TheoryVelocity of CirculationDavid HumeEquilibriumForced SavingIrving FisherNatural Rate of InterestNeutral MoneyPrice LevelPrice TheoryQuantity Theory of MoneyRichard CantillonAdam SmithCapital GoodsCapital StructureJohn Bates ClarkRoundabout ProductionAlfred MarshallCredit ExpansionEconomic CrisisMalinvestmentMonetary EquilibriumFriedrich von WieserInterest RatesPrice MechanismDiscount RateProductivityBoom and BustInflationBusiness Cycle TheoryFixed CapitalUnemploymentArthur SpiethoffDavid RicardoGustav CasselKarl MarxWilliam Stanley JevonsArthur Cecil PigouCentral BankingFiduciary MediaGold StandardMonetary PolicyPrice StabilityCarl MengerHoardingLausanne SchoolLeon WalrasAlvin HansenFederal ReserveTime Preference

Table of Contents · 15 segments

Front Matter and Contentschapter

Preface to the Second Editionessay

Lecture I: Theories of the Influence of Money on Pricestheoretical

Lecture II: Conditions of Equilibrium Between Consumers’ Goods and Producers’ Goodstheoretical

Voluntary Saving, Credit Expansion, and the Transition to More Capitalistic Productiontheoretical

Integrated Firms, Internal Barter, and the Monetary Effectiveness of Exchangetheoretical

Lecture III Introduction: Relative Prices, Specific Goods, and Interest Marginstheoretical

Voluntary Saving, the Price Fan, and the Interest-Guided Reallocation of Factorstheoretical

Credit Expansion to Producers and the Unsustainable Boomtheoretical

Crisis, Unused Resources, and the Limits of Credit Remediestheoretical

Lecture III Conclusion: Credit Policy, Crisis, and Statistical Analysischapter

Appendix to Lecture III: History of the Doctrines Developed in the Preceding Lectureessay

Lecture IV: The Case for and Against an Elastic Currencychapter

Appendix to Lecture IV: Supplementary Remarks on Neutral Moneytheoretical

Capital and Industrial Fluctuations: A Reply to a Criticismessay