F. A. Hayek: Economics, Political Economy and Social Philosophy

Description

This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of Hayek’s thought. These include the division of knowledge, the importance of rules, the problems with planning and economic management, and the role of constitutional constraints in enabling the emergence of unplanned order in the market by limiting the perverse incentives and distortions in information often associated with political discretion. Chapter 1: Clarifying Some Misconceptions About HayekChapter 2: Hayek: An Overview of His Life and WorkChapter 3: The Anatomy of an Economic Crisis: Money, Prices and Economic OrderChapter 4: Hayek on Market Theory and the Price SystemChapter 5: Hayek and Market SocialismChapter 6: The False Promise of Socialism and The Road to SerfdomChapter 7: A Genuine Institutional EconomicsChapter 8: The Political Economy of a Free PeopleChapter 9: Hayek, Epistemics, Institutions, and ChangeChapter 10: The Reconstruction of the Liberal ProjectChapter 11: The Hayekian Legacy