The Trend of Economic Thinking - (Collected Works of F. A. Hayek) by F A Hayek (Paperback)

Book Synopsis

In The Trend of Economic Thinking Hayek presents many of the figures that influenced the development of his economic thought. The articles range from well-known economists such as Mandeville, Hume, Smith, and Bastiat, to lesser-known figures such as Dupuit and Gossen, showing the breadth of Hayek's study of the history of economic thought.

F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. He taught at the London School of Economics, the University of Chicago, and the University of Freiburg.

W. W. Bartley, III (1934-1990) was a Professor of Philosophy and a Senior Research Fellow at Stanford University and an author.

From the Back Cover

This book captures Hayek's views on political economists and economic history- on Mandeville, Hume, Cantillon, Smith, and Thornton. Framed by insightful editorial notes, fifteen newly collected essays provide a fascinating introduction to the historical context of political economy and the evolution of monetary practices.

Review Quotes

F. A. Hayek, awarded the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of the libertarian philosophy. This collection of 15 of his essays captures Hayek's views on political economy and economic history expressed in the writings of Mandeville, Hume, Cantillon, Adam Smith, and Henry Thornton. The essays, supplemented by editorial notes, provide an introduction to the historical context of political economy in Britain and the evolution of monetary practices. Five of the essays had never been published, and two others had never been available in English, when the first printing of the book was published in 1991.

Reference & Research Book News
May 2009

Economic thinking, just like any other school of thought, has had its own evolution over the years. The Trend of Economic Thinking: Essays on Political Economists and Economic History is a collection of essays from renown economic scientist F. A. Hayek chronicling the ideas of one of the best economic minds of the twentieth century. His essays discuss the past history of economics from the times of Adam Smith, to his own contemporary times where capitalism and communism were at each other's throats at every front. A must read for any economics student or simply one who wants a better grasp of how money works in the world, The Trend of Economic Thinking is a fine choice in any regard.

Midwest Book Review
May 2009