How Long to Read Hayek as a Liberal - His Contribution to Politics and Economic

How Long Does it Take to Read Hayek as a Liberal - His Contribution to Politics and Economic?

It takes the average reader 1 hour and 17 minutes to read Hayek as a Liberal - His Contribution to Politics and Economic by Roman Hinka

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

Description

Seminar paper from the year 2005 in the subject Politics - International Politics - General and Theories, grade: 1,0, European University Viadrina Frankfurt (Oder), course: Political and Economical Liberalism, 20 entries in the bibliography, language: English, abstract: The present paper deals with Friedrich August von Hayek, one of the prominent liberal thinkers of the twentieth century. He engaged himself actively in economy, political philosophy, psychology, and epistemology. The Royal Swedish Academy of Sciences awarded Professor Hayek the Prize in Economic Science in Memory of Alfred Nobel for 1974 together with Professor Gunnar Myrdal �for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena�1. But his contribution does not limit only to economic. Hayek developed his seminal explanation of business cycle based on classical macroeconomic theories of Knuth Wicksell and Ludwig von Mises. Theirs ideas are briefly presented in the first part of Chapter I. Further it will be discussed the essence of the theory of business cycle in terms of production structure and capital employment. In particular, the model demonstrates that boom-bust cycles are caused not by mysterious defects inherent in industrial capitalism, but by the unfortunate inflationary bank credit expansion propelled by central banks. Next section presents Hayek�s ideas about the role of money in economy and intelligent monetary policy. The problem of price system in market economy, linking Hayeks economic and political articles and books is elaborated in section four of Chapter I. Critical remarks to his statements voiced by his adversaries and fellows are discussed directly in the main text. The rationale for such structure is to alleviate understanding of the subject. In the next chapter one gets on overview of The Road to Serfdom, the book by which Professor Hayek deserved po

How long is Hayek as a Liberal - His Contribution to Politics and Economic?

Hayek as a Liberal - His Contribution to Politics and Economic by Roman Hinka is 76 pages long, and a total of 19,456 words.

This makes it 26% the length of the average book. It also has 24% more words than the average book.

How Long Does it Take to Read Hayek as a Liberal - His Contribution to Politics and Economic Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 46 minutes to read Hayek as a Liberal - His Contribution to Politics and Economic aloud.

What Reading Level is Hayek as a Liberal - His Contribution to Politics and Economic?

Hayek as a Liberal - His Contribution to Politics and Economic is suitable for students ages 8 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.

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