Revival: Economic Planning in Soviet Russia (1935)
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- ISBN 9781138558274
- Weight: 630g
- Dimensions: 138 x 216mm
- Publication Date: 18 Oct 2018
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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The ideas set forth in these pages matured in the authors mind during the early years of constructive communism in Petrograd. The communist government, intoxicated by its successes in the counter-revolution, had promised to deal promptly with all economic problems now that its hands where free to do so. It was at this moment of its greatest triumphs that the author put forward his contention that the system of Marxian communism, as then conceived, was-intrinsically unsound and must inevitably break down.
In 1962 F.A. Hayek left Chicago for the University of Freiburg im Breisgau in West Germany. He remained there until his retirement in 1968, when he accepted an honorary professorship at the University of Salzburg in Austria. In 1974 Hayek was awarded the Nobel Prize for Economics, which, ironically, he shared with Gunnar Myrdal, whose political and economic views were often opposed to his.
