F.A. Hayek's Writings on the Business Cycle.

The Estate of F.A. Hayek

In the 1930s, based on the teachings of the Austrian School of Economics, Friedrich August Hayek propagated his theory of the business cycle as an alternative both to the quantity theoretic (monetarist) and Keynesian approaches. The process of refining and defending his theory made Hayek the author of numerous articles and contributions, dating from 1928 to 1981. These as well as two monographs will now be assembled in volume 7 and 8 of the Collected Works of F.A. Hayek. The task of this project will then consist not only in editing and providing commentaries for this volume but also in placing Hayek¿s work on business cycles in time and context and pointing out to what extent it can still be interpreted as a challenge to the current mainstream view of economic science.