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By:F. A. Hayek
Published on 2012-12-01 by University of Chicago Press

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 Framed by insightful editorial notes, fifteen newly collected essays—including five previously unpublished pieces and two others never before available in English—provide a fascinating introduction to the historical context of political economy and the evolution of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

This Book was ranked at 40 by Google Books for keyword Economic History.

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Book which was published by University of Chicago Press since 2012-12-01 have ISBNs, ISBN 13 Code is 9780226321363 and ISBN 10 Code is 0226321363

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