IDEAS home Printed from https://ideas.repec.org/b/ucp/bkecon/9780226321363.html
   My bibliography  Save this book

The Trend of Economic Thinking

Editor

Listed:
  • Bartley, III, W. W.
  • Kresge, Stephen

Author

Listed:
  • Hayek, F. A.

Abstract

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 Framed by insightful editorial notes, fifteen newly collected essays—including five previously unpublished pieces and two others never before available in English—provide a fascinating introduction to the historical context of political economy and the evolution of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.

Suggested Citation

  • Hayek, F. A., 2012. "The Trend of Economic Thinking," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321363 edited by Bartley, III, W. W. & Kresge, Stephen, December.
  • Handle: RePEc:ucp:bkecon:9780226321363
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bruce Caldwell, 2020. "The Road to Serfdom after 75 Years," Journal of Economic Literature, American Economic Association, vol. 58(3), pages 720-748, September.
    2. Stephen P. Barrows, 2010. "The Law of Population and the Austrian School," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(4), pages 1178-1205, October.
    3. Funk, Matt, 2007. "On the Problem of Dependent People: hyperbolic discounting in Atlantic Canadian island jurisdictions," MPRA Paper 14522, University Library of Munich, Germany.
    4. Vernon L. Smith, 2003. "Constructivist and Ecological Rationality in Economics," American Economic Review, American Economic Association, vol. 93(3), pages 465-508, June.
    5. Marek Hudík, 2015. "Homo Economicus and Homo Stramineus," Prague Economic Papers, Prague University of Economics and Business, vol. 2015(2), pages 154-172.
    6. Funk, Matt, 2008. "On the Problem of Sustainable Economic Development: A Theoretical Solution to this Prisoner's Dilemma," MPRA Paper 19025, University Library of Munich, Germany, revised 08 Jun 2008.
    7. Robert B. Ekelund & Mark Thornton, 2020. "Rent seeking as an evolving process: the case of the Ancien Régime," Public Choice, Springer, vol. 182(1), pages 139-155, January.
    8. Bruce Caldwell, 2011. "Ten (Mostly) Austrian Insights for These Trying Times," CAE Working Papers 90, Aix-Marseille Université, CERGAM.
    9. Razeen Sally, 1997. "The Political Economy of Frank Knight: Classical Liberalism from Chicago," Constitutional Political Economy, Springer, vol. 8(2), pages 123-138, June.
    10. Razeen Sally, 1998. "Classical Liberalism and International Economic Order: An Advance Sketch," Constitutional Political Economy, Springer, vol. 9(1), pages 19-44, March.
    11. Kevin McCabe, 2005. "Reciprocity and Social Order: What Do Experiments Tell us About the Failure of Economic Growth?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 18(3), pages 241-280, December.
    12. Roy H Grieve, 2015. "Revisiting Cantillon's admirable theory of distribution and value - a misinterpretation corrected," Working Papers 1506, University of Strathclyde Business School, Department of Economics.
    13. Thiago Vargas, 2021. "Anatomizing the invisible: moral philosophy and economics in Mandeville’s thought," Post-Print hal-03968670, HAL.
    14. Lotz, Aileen & Gosselin, Pierre, 2012. "A dynamic model of interactions between conscious and unconscious," MPRA Paper 36697, University Library of Munich, Germany.
    15. Kolev Stefan, 2015. "Two interactive masterminds: Hayek′s fluctuating fascination for John Stuart Mill′s system of thought," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 66(1), pages 387-396, January.
    16. Peter J. Boettke, 2011. "Economics For Yesterday, Today, and Tomorrow," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 26(Spring 20), pages 1-14.
    17. Hansjoerg Klausinger, 2011. "Hayek's Geldtheoretische Untersuchungen : New insights from a 1925--29 typescript," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 18(4), pages 579-600, October.
    18. Matthew Desmond, 2013. "Is Democratic Regulation of High Finance Possible?," The ANNALS of the American Academy of Political and Social Science, , vol. 649(1), pages 180-184, September.
    19. Klaus Heine & Karsten Mause, 2004. "Policy Advice as an Investment Problem," Kyklos, Wiley Blackwell, vol. 57(3), pages 403-427, August.
    20. Scrimgeour, Frank G. & Pasour, E.C., Jr., 1994. "The Public Choice Revolution and New Zealand Farm Policy," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 62(02), pages 1-11, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucp:bkecon:9780226321363. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Books Division (email available below). General contact details of provider: http://press.uchicago.edu .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.