The Pure Theory Of Capital By: Friedrich A . Hayek Published: 1952 F. A. Hayek (1899–1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. The Pure Theory of Capital offers a detailed account of the equilibrium relationships between inputs and outputs in a time-filled economy. Hayek's stated objective was to make capital theory—which had previously been devoted almost entirely to the explanation of interest rates—"useful for the analysis of the monetary phenomena of the real world." His ambitious goal was nothing less than to develop a capital theory that could be fully integrated into business cycle theory" Condition: Very good Hardcover on original publisher' blue cloth with original dust jacket. Ex. reserved library copy, has 2 pages of library stamps as photos. Interior and exterior clean & tight binding. 454 pages, dimension: 22.5 x 15.0 cm. Please see photos for condition detail. Ship tracked & insure