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Prices and Production

work by Hayek

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  • F.A. Hayek
    In F.A. Hayek: Life and major works

    …attacked Hayek’s own recent book, Prices and Production (1931). Both economists were criticized by other economists, and this caused each to rethink his framework. Keynes finished first, publishing in 1936 what would become perhaps the most famous economics book of the century, The General Theory of Employment, Interest and Money.…

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