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Hayek Et Knight (1933-1936). La Controverse Sur Le Capital

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  • Stéphane LONGUET
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    Abstract

    In 1933, Knight launched a violent attack against the Austrian theory of capital. Beyond an apparent opposition on the average period of production, the conflict concerns more profoundly the capacity of the Austrian theory to ground a general theory of production and to build on a dynamic theory, which was Hayek’s theoretical project. The paper tries to explain why this polemic reveals the weaknesses of Hayek’s economic theory.

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    Bibliographic Info

    Article provided by L'Harmattan in its journal Cahiers d'économie Politique.

    Volume (Year): (2006)
    Issue (Month): 51 ()
    Pages: 177-195

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    Handle: RePEc:cpo:journl:y:2006:i:51:p:177-195

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