Although Hayek ascribed a primarily monetary source to economic fluctuations, he was not a monetarist as this term came to be used.


Hayek's Journey: The Mind of Friedrich Hayek (2003) - Ch. 5 : Money and Capital


Although Hayek ascribed a primarily monetary source to economic fluctuations, he was not a monetarist as this term came to be used.

Although Hayek ascribed a primarily monetary source to economic fluctuations, he was not a monetarist as this term came to be used.

Although Hayek ascribed a primarily monetary source to economic fluctuations, he was not a monetarist as this term came to be used.

Although Hayek ascribed a primarily monetary source to economic fluctuations, he was not a monetarist as this term came to be used.