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Hayek's Early Cycle Theory Re-examined

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Author Info
Allin Cottrell ()
Abstract

The paper deals with Hayek's ideas concerning transition between different 'structures of production' and argues that while these ideas are of interest, they are fundamentally flawed. The relationships between Hayek's cycle theory and (a) Keynes and (b) Robert Lucas are also examined.

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File URL: ftp://csf.colorado.edu/econ/authors/Cottrell.Allin/hayek.ps
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Paper provided by Post-Keynesian Archive in its series Papers deposited by Authors with number _011.

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Handle: RePEc:wop:pokear:_011

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This page was last updated on 2008-10-3.

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