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...

The two volumes of “Good Money” concentrate on Hayek's work on money and monetary policy. Published in the centenary of his birth, these volumes bring forth some of the economist's most distinguished articles on monetary policy and offer another vital addition to the collection of Hayek's life work. “Good Money, Part I: The New World” includes seven of Hayek's articles from the 1920s that were written largely in reaction to the work of Irving...

Throughout the twentieth century socialism and war were intimately connected. The unprecedented upheavals wrought by the two world wars and the Great Depression provided both opportunity and impetus for a variety of socialist experiments. This volume in The Collected Works of F. A. Hayek documents the evolution of Hayek's thought on socialism and war during the dark decades of the 1930s and 1940s. Opening with Hayek's arguments against market socialism,...

Lucius Annaeus Seneca (4 BCE—65 CE) was a Roman Stoic philosopher, dramatist, statesman, and advisor to the emperor Nero, all during the Silver Age of Latin literature. The Complete Works of Lucius Annaeus Seneca is a fresh and compelling series of new English-language translations of his works in eight accessible volumes. Edited by Elizabeth Asmis, Shadi Bartsch, and Martha C. Nussbaum, this engaging collection helps restore Seneca-whose works...

Everyone knows that pigs are farm animals. What may not be known is that pigs are super-smart and have sniffers as powerful as a dog's nose! So, it's not hard to believe that some people use them as detectives. One thing they detect is an expensive mushroom called a truffle that grows as deep as three feet (1 m) underground. These talented sniffers have also found success in law enforcement detecting illegal drugs. In this introduction to pig detectives,...

Prairie busting is central to the lore of westward expansion, but how was it actually accomplished with little more than animal and human power? In Sod Busting, David B. Danbom challenges students to think about the many practicalities of surviving on the Great Plains in the late nineteenth century by providing a detailed account of how settlers acquired land and made homes, farms, and communities. He examines the physical and climatic obstacles of...

Therapy animals can improve a person's mood, motivate a child to read, and comfort the sick--sometimes even more successfully than humans. How? Simply the act of being present, friendly, "pet-able," and attentive is often all it takes. In this introduction to therapy animals, kids will learn about the special traits required of non-human caregivers and the places where these animals work--from schools to hospitals to nursing homes. The bright pictures...

Produced throughout the first fifteen years of Hayek's career, the writings collected in “Capital and Interest” see Hayek elaborate upon and extend his landmark lectures that were published as “Prices and Production” and work toward the technically sophisticated line of thought seen in his later “Pure Theory of Capital”. Illuminating the development of Hayek's detailed contributions to capital and interest theory, the collection also sheds...