HAYEK ET KNIGHT (1933-1936). LA CONTROVERSE SUR LE CAPITAL

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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Year of publication:	2006
Authors:	LONGUET, Stéphane
Published in:	Cahiers d’économie politique / Papers in Political Economy. - L'Harmattan, ISSN 0154-8344. - 2006, 51, p. 177-195
Publisher:	L'Harmattan

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Extent:	application/pdf
Type of publication:	Article
Classification:	B25 - Historical; Institutional; Evolutionary; Austrian ; B52 - Institutional; Evolutionary ; B53 - Austrian ; E22 - Capital; Investment (including Inventories); Capacity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004962243