Hayeks Contribution To The Business Cycle

Hayeks Contribution to the Business Cycle Friedirch August von Hayek was born in capital of Austria on May 8, 1899 and died on March 23, 1992, in the city of Freiburg in Breisgan in Germany. Hayek was a central cipher in 20th-century economics and he represented the Austrian tradition. after Hayek served military service, he became a student at the University of Vienna where he got his doctorate in law and political science. In 1923-4, Hayek visited New York and then returned to Vienna where he continued his work. Hayek became the for the first time director of the Austrian Institute for Business Cycle inquiry in 1927.

He also gave some lectures in England at the London School of Economics in 1931. In England, he participated in such debates as m startary, capital, and business-cycle theories during the 1930s. Hayeks contributions were very important. To describe, business cycles, one has to examine the historical record of a nations overall economic performance. It is a pattern...If you want to get a full essay, lay out it on our website: Orderessay

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