He came to eschew explanations of business cycles based on changes in interest rates, and his 1939 book Profits, Interests, and Investments contrasts with earlier work in the Austrian vein like The Pure Theory of Capital.
He developed the idea of Hebbian learning independently of Hebb and published his model of the brain in the 1952 work The Sensory Order. Around the same time he opposed excessive reductionism in social science in The Counter-Revolution of Science. He came to eschew explanations of business cycles based on changes in interest rates, and his 1939 book Profits, Interests, and Investments contrasts with earlier work in the Austrian vein like The Pure Theory of Capital. He distanced himself from some of his disciples in Why I am Not a Conservative, which was published as an appendix to The Constitution of Liberty. FTP, name this economist, who argued that collectivism leads to tyranny in The Road to Serfdom.
He developed the idea of Hebbian learning independently of Hebb and published his model of the brain in the 1952 work The Sensory Order.
Friedrich Hayek