Hayek-Schriftenreihe zum Klassischen Liberalismus

»Knowledge and Decisions«

Wissen und Entscheidungen is the first translation of Thomas Sowell‘s book Knowledge and Decisions into German. It will be of great interest to those who study Austrian Economics, the role of knowledge in decision processes, and contemporary history of the United States.

»Capitalism and the Historians«: »Der Kapitalismus und die Historiker« is a translation of »Capitalism and the Historians«, ed. by F.A. Hayek and written together with T.S. Ashton, L.M. Hacker, H.W. Hutt and B. de Jouvenel. Although evidence and economic history have demonstrated that capitalism has created the proletariat and improved its living conditions throughout the entire industrial revolution, historians still tend to ignore or even object this fact, mainly for ideological and methodological reasons.