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Mon, 14 Dec 2009 13:41:29 -0500 |
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Dear colleagues,
I am (hopefully) approaching the final phase of
my editorial work on the two Business Cycles
volumes of The Collected Works of F. A. Hayek.
May I turn to the list for help on two minor
problems I have not been able to solve up to now?
The first relates to a hitherto unpublished
typescript by Hayek (“Geldtheoretische
Untersuchungen”, that is, translated “Investigations into Monetary Theory”).
There Hayek writes (in my translation):
“It is well-known that the time moment …
constitutes the most difficult problem to
economic theory”, and places the following
references in a footnote: “Cf. Edgeworth II 60;
Marshall, 'Preface' to Principles 3 XV S. 103.”
The references to Marshall are most probably to
“the element of time” in Principles of Economics,
“Preface to the First Edition”, p. vii, and book
III, chapter iv, § 5, p. 109 of the 9th variorum
edition with annotations by C. W. Guillebaud
(London: Macmillan, 1961). But I have not been
able to make any sense of the Edgeworth reference.
Any suggestions will be highly appreciated.
My best thanks in advance.
Hansjoerg Klausinger
P.S. The second query follows in a separate mail.
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