When Keynes's General Theory was published in February 1936, it obliterated all else on the scene in academic economics. Hayek was known to be working on a treatise on capital as Keynes's work was published (the work that became The Pure Theory of Capital). While there was some anticipation in academia for this forthcoming major work, interest even by economists in Hayek's work waned.


Hayek's Journey: The Mind of Friedrich Hayek (2003) - Ch. 7 : From Economic Theory to Political Philosophy

Alan O. Ebenstein Quotes

When Keynes's General Theory was published in February 1936, it obliterated all else on the scene in academic economics. Hayek was known to be...

When Keynes's General Theory was published in February 1936, it obliterated all else on the scene in academic economics. Hayek was known to be...

When Keynes's General Theory was published in February 1936, it obliterated all else on the scene in academic economics. Hayek was known to be...

When Keynes's General Theory was published in February 1936, it obliterated all else on the scene in academic economics. Hayek was known to be...