Hayek's Triangles: Two Essays On The Business Cycle (LFB)

Hayek’s Triangles brings together F.A. Hayek’s two seminal contributions to understanding the macroeconomic structure and therefore the roots of and solution to the business cycle. Prices and Production was the book that made the difference for a whole generation of English-speaking economists, until Keynes came along and changed people’s minds again. On reflection, it was Keynes who was wrong and Hayek who was right. This edition allows you to see the logic of Hayek’s position.

Hayek’s tria...