How Long to Read Business Cycles, Part I

How Long Does it Take to Read Business Cycles, Part I?

It takes the average reader 5 hours and 6 minutes to read Business Cycles, Part I by F. A. Hayek

Assuming a reading speed of 250 words per minute. Learn more

Description

“The two Business Cycles volumes bring together” the Nobel Laureate economist’s “most substantial contributions to technical economics” (Roger W. Garrison, Auburn University). In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what was later known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once again paying heed to Hayek’s thoughts on the repercussions of excessive central bank interventions. The latest editions in the University of Chicago Press’s ongoing series The Collected Works of F. A. Hayek, these volumes bring together Hayek’s work on what causes periods of boom and bust in the economy. Moving away from the classical emphasis on equilibrium, Hayek demonstrates that business cycles are generated by the adaptation of the structure of production to changes in relative demand. Thus, when central banks artificially lower interest rates, the result is a misallocation of capital and the creation of asset bubbles and additional instability. Business Cycles, Part I contains Hayek’s two major monographs on the topic: Monetary Theory and the Trade Cycle and Prices and Production. Reproducing the text of the original 1933 translation of the former, this edition also draws on the original German, as well as more recent translations. For Prices and Production, a variorum edition is presented, incorporating the 1931 first edition and its 1935 revision. Business Cycles, Part II assembles a series of Hayek’s shorter papers on the topic. The two volumes of Business Cycles also include extensive introductions by Hansjoerg Klausinger, providing background on the evolution of Hayek’s thought.

How long is Business Cycles, Part I?

Business Cycles, Part I by F. A. Hayek is 303 pages long, and a total of 76,659 words.

This makes it 102% the length of the average book. It also has 94% more words than the average book.

How Long Does it Take to Read Business Cycles, Part I Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 58 minutes to read Business Cycles, Part I aloud.

What Reading Level is Business Cycles, Part I?

Business Cycles, Part I is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Business Cycles, Part I?

Business Cycles, Part I by F. A. Hayek is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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