eBook PDF Download Digital Library
Author: Peter J. Boettke
Publisher: Emerald Group Publishing
Published: 2016-12-08
Total Pages: 208
ISBN-13: 1785609874
DOWNLOAD EBOOK →Volume 21 of Advances in Austrian Economics exemplifies this focus by highlighting key research from the Austrian tradition of economics with other research traditions in economics and related areas.
Author: Peter J. Boettke
Publisher: Springer
Published: 2018-09-05
Total Pages: 323
ISBN-13: 1137411600
DOWNLOAD EBOOK →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. Key to understanding Hayek's development as a thinker is his emphasis on the knowledge problem that economic decision makers face and how alternative institutional arrangements either hinder or assist them in overcoming that epistemic dilemma. Hayek saw order emerging from individual action and responsibility under the appropriate institutional order that itself emerges from actors discovering new and better ways to coordinate their behavior. This book will be of interest to all those keen to gain a deeper understanding of this great 20th century thinker in economics.
Author: Tyler Beck Goodspeed
Publisher: Oxford University Press
Published: 2012-06-04
Total Pages: 216
ISBN-13: 019994279X
DOWNLOAD EBOOK →While standard accounts of the 1930s debates surrounding economic thought pit John Maynard Keynes against Friedrich von Hayek in a clash of ideology, this reflexive dichotomy is in many respects superficial. It is the argument of this book that both Keynes and Hayek developed their respective theories of the business cycle within the tradition of Swedish economist Knut Wicksell, and that this shared genealogy manifested itself in significant theoretical affinities between the two supposed antagonists. The salient features of Wicksell's work, namely the importance of money, the role of uncertainty, coordination failures, and the element of time in capital accumulation, all motivated the Keynesian and Hayekian theories of economic fluctuations. They also contributed to a fundamental convergence between the two economists during the 1930s. This shared, "Wicksellian" vision of economic problems points to a very different research agenda from that of the Walrasian-style, general equilibrium analysis that has dominated postwar macroeconomics. This book will appeal to economists interested in historical perspective of their discipline, as well as historians of economic thought. The author not only deconstructs some of the historical misconceptions of the Keynes versus Hayek debate, but also suggests how the insights uncovered can inform and instruct modern theory. While much of the analysis is technical, it does not assume previous knowledge of 1930s economic theory, and should be accessible to academics and graduate students with general economics training.
Author: Norman P. Barry
Publisher:
Published: 1984
Total Pages: 142
ISBN-13: 9780255361743
DOWNLOAD EBOOK →Essays by economists, philosophers and political scientists on 'the road to serfdom' after 40 years.
Author: Norman P. Barry
Publisher:
Published: 1985-01-01
Total Pages: 105
ISBN-13: 9780949769220
DOWNLOAD EBOOK →Author: Steve Fleetwood
Publisher: Routledge
Published: 2013-02-01
Total Pages: 214
ISBN-13: 1134794746
DOWNLOAD EBOOK →In a society where no central agency coordinates the human activity of producing, selling and buying, why is there order and not chaos? This fundamental question has taxed generations of economists. Hayek's notion of spontaneous order goes some way to providing an answer. Hayek's Political Economy argues that afer explicitly rejecting positivism, Hayek was free to embrace reality and offer an explanation of the process involved in bringing about order.
Author: Stefanie Haeffele
Publisher: Tensions in Political Economy
Published: 2020-10-05
Total Pages: 212
ISBN-13: 9781942951940
DOWNLOAD EBOOK →F. A. Hayek, a prominent 20th-century political economist in the Austrian tradition, won the Nobel Prize in Economics in 1974 for his pioneering work on the theory of money and economic fluctuations and on comparative institutional analysis. Hayek's research highlights the importance and dispersed nature of knowledge, advancing an interdisciplinary approach to understanding human behavior. Like any great and productive scholar, he left behind a body of work that includes tensions, flaws, and inconsistencies that must be confronted by scholars looking to engage, critique, and advance his distinctive project in political economy. Hayek's work is important but also open for contestation and improvement. Hayek's Tensions: Reexamining the Political Economy and Philosophy of F. A. Hayek presents a critical assessment of Hayek's research and ideas and identifies sources of tension within his writing. The contributions to this edited volume include original chapters by eminent scholars of complexity theory, of Austrian economics, and of Hayek himself. The book's key takeaway is that the research program Hayek developed continues as an open-ended project, both as a social-scientific approach and as a classical liberal vision of a free society, rather than as a static dogma or set of theories from a bygone era. Taken as a whole, this volume identifies important questions and areas for future research by the next generation of political economists.
Author: Boudewijn Bouckaert
Publisher: Edward Elgar Publishing
Published: 2000
Total Pages: 200
ISBN-13:
DOWNLOAD EBOOK →Eleven contributors--among them philosophers, economists, historians, and political scientists from the United States and Europe--present an overview of the intellectual influences and historical events which inspired Hayek and examine the idea of spontaneous order. They also describe Hayek's reasons for rejecting constructivism in favor of an evolutionary approach to economics, political theory, and legal theory. They also consider major topics in his work, such as the welfare state, the neutrality of the state, the morality of social cooperation, the rule of law, and the concepts of totalitarianism and freedom. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Damien Cahill
Publisher: Routledge
Published: 2022-05
Total Pages: 0
ISBN-13: 9780367546274
DOWNLOAD EBOOK →Revisiting the magnetic poles of Karl Polanyi and Friedrich Hayek on the utopian springs of political economy, this book seeks to provide a compass for questioning the market economy of the twenty-first century. For Polanyi, in The Great Transformation, the utopian springs of the dogma of liberalism existed within the extension of the market mechanism to the 'fictitious commodities' of land, labour, and money. There was nothing natural about laissez-faire. The progress of the utopia of a self-regulating market was backed by the state and checked by a double movement, which attempted to subordinate the laws of the market to the substance of human society through principles of self-protection, legislative intervention, and regulation. For Hayek, in The Road to Serfdom, the utopia of freedom was threatened by the abandonment of individualism and classical liberalism. The tyranny of government interventionism led to the loss of freedom, the creation of an oppressive society, and the despotism of dictatorship that led to the serfdom of the individual. Economic planning in the form of socialism and fascism had commonalities that stifled individual freedom. Against the power of the state, the guiding principle of the policy of freedom for the individual was advocated. Taking these different aspects of market economy as its point of departure, this book promises to deliver a set of essays by leading commentators on twenty- first- century political economy debates relevant to the present conjuncture of neoliberalism. The chapters in this book were originally published in a special issue of the journal Globalizations.
