Produced throughout the first fifteen years of Hayek’s career, the writings collected in Capital and Interest illuminate the development of Hayek’s detailed contributions to capital and interest theory. Familiar works are accompanied by lesser-known articles and lectures, and the collection sheds light on how Hayek’s work related to other influential economists of the time. An introduction by the book’s editor, leading Hayek scholar Lawrence H. White, places Hayek’s contributions in careful historical context, with ample footnotes and citations for further reading.
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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.
Lawrence H. White is Professor of Economics at George Mason University.
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