Studies on the Abuse and Decline of Reason

Studies on the Abuse and Decline of Reason PDF

Author: F.A Hayek

Publisher: Routledge

Published: 2013-05-13

Total Pages: 337

ISBN-13: 1136604367

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"The studies of which this book is the result have from the beginning been guided by and in the end confirmed the somewhat old-fashioned conviction of the author that it is human ideas which govern the development of human affairs," Hayek wrote in his notes in 1940. Indeed, Studies on the Abuse and Decline of Reason remains Hayek’s greatest unfinished work and is here presented for the first time under the expert editorship of Bruce Caldwell. In the book, Hayek argues that the abuse and decline of reason was caused by hubris, by man’s pride in his ability to reason, which in Hayek’s mind had been heightened by the rapid advance and multitudinous successes of the natural sciences, and the attempt to apply natural science methods in the social sciences.

Studies on the Abuse and Decline of Reason

Studies on the Abuse and Decline of Reason PDF

Author: F. A. Hayek

Publisher: University of Chicago Press

Published: 2010-03-15

Total Pages: 344

ISBN-13: 9780226321097

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Studies on the Abuse and Decline of Reason is a series of fascinating essays on the study of social phenomena. How to best and most accurately study social interactions has long been debated intensely, and there are two main approaches: the positivists, who ignore intent and belief and draw on methods based in the sciences; and the nonpositivists, who argue that opinions and ideas drive action and are central to understanding social behavior. F. A. Hayek’s opposition to the positivists and their claims to scientific rigor and certainty in the study of human behavior is a running theme of this important book. Hayek argues that the vast number of elements whose interactions create social structures and institutions make it unlikely that social science can predict precise outcomes. Instead, he contends, we should strive to simply understand the principles by which phenomena are produced. For Hayek this modesty of aspirations went hand in hand with his concern over widespread enthusiasm for economic planning. As a result, these essays are relevant to ongoing debates within the social sciences and to discussion about the role government can and should play in the economy.

The Market and Other Orders

The Market and Other Orders PDF

Author: F. A. Hayek

Publisher: University of Chicago Press

Published: 2014-01-08

Total Pages: 469

ISBN-13: 022608969X

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In addition to his groundbreaking contributions to pure economic theory, F. A. Hayek also closely examined the ways in which the knowledge of many individual market participants could culminate in an overall order of economic activity. His attempts to come to terms with the “knowledge problem” thread through his career and comprise the writings collected in the fifteenth volume of the University of Chicago Press’s Collected Works of F. A. Hayek series. The Market and Other Orders brings together more than twenty works spanning almost forty years that consider this question. Consisting of speeches, essays, and lectures, including Hayek’s 1974 Nobel lecture, “The Pretense of Knowledge,” the works in this volume draw on a broad range of perspectives, including the philosophy of science, the physiology of the brain, legal theory, and political philosophy. Taking readers from Hayek’s early development of the idea of spontaneous order in economics through his integration of this insight into political theory and other disciplines, the book culminates with Hayek’s integration of his work on these topics into an overarching social theory that accounts for spontaneous order in the variety of complex systems that Hayek studied throughout his career. Edited by renowned Hayek scholar Bruce Caldwell, who also contributes a masterly introduction that provides biographical and historical context, The Market and Other Orders forms the definitive compilation of Hayek’s work on spontaneous order.

Hayek’s Market Republicanism

Hayek’s Market Republicanism PDF

Author: Sean Irving

Publisher: Routledge

Published: 2019-11-27

Total Pages: 170

ISBN-13: 0429750749

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Friedrich Hayek was the 20th century’s most significant free market theorist and over the course of his long career he developed a critique of the danger that state power poses to individual liberty. In rejecting much of the liberal tradition’s concern for social justice and democratic participation, Hayek would help clear away many intellectual obstacles to the emergence of neoliberalism in the last quarter of the 20th century. At the core of this book is a new interpretation of Hayek, one that regards him as an exponent of a neo-Roman conception of liberty and interprets his work as a form of ‘market republicanism’. It examines the contemporary context in which Hayek wrote, and places his writing in the long republican intellectual tradition. Hayek’s Market Republicanism will be of interest to advanced students and researchers across the history of economic thought, the history of political thought, political economy and political philosophy.

The Oxford Handbook of Austrian Economics

The Oxford Handbook of Austrian Economics PDF

Author: Peter J. Boettke

Publisher: Oxford University Press

Published: 2015-09-01

Total Pages: 656

ISBN-13: 0199811830

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The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.

Rediscovering Political Economy

Rediscovering Political Economy PDF

Author: Joseph Postell

Publisher: Lexington Books

Published: 2011

Total Pages: 273

ISBN-13: 0739166603

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The recent economic crisis in the United States has highlighted a crisis of understanding. In this volume, Bradley C. S. Watson and Joseph Postell bring together some of America's most eminent thinkers on political economy--an increasingly overlooked field wherein political ideas and economic theories mutually inform each other. Only through a restoration of political economy can we reconnect economics to the human good. Economics as a discipline deals with the production and distribution of goods and services. Yet the study of economics can-indeed must--be employed in our striving for the best possible political order and way of life. Economic thinkers and political actors need once again to consider how the Constitution and basic principles of our government might give direction and discipline to our thinking about economic theories, and to the economic policies we choose to implement. The contributors are experts in economic history, and the history of economic ideas. They address basic themes of political economy, theoretical and practical: from the relationship between natural law and economics, to how our Founding Fathers approached economics, to questions of banking and monetary policy. Their insights will serve as trusty guides to future generations, as well as to our own.

The Sensory Order and Other Writings on the Foundations of Theoretical Psychology

The Sensory Order and Other Writings on the Foundations of Theoretical Psychology PDF

Author: F. A. Hayek

Publisher: University of Chicago Press

Published: 2017-06-15

Total Pages: 414

ISBN-13: 022643642X

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In addition to his influential scholarship on economic and social theory, F. A. Hayek greatly impacted theoretical psychology with his book "The Sensory Order." Perhaps because he was a social scientist, Hayek s work in psychology has been mostly overlooked. Editor Viktor Vanberg frames "The Sensory Order" as an essential work necessary for any deeper understanding of Hayek s economic and social philosophy while adding on several important essays by Hayek that help illuminate the ideas of the book since its original publication in 1952. As volume 14 of the Collected Works of F. A. Hayek, "The Sensory Order "will definitively take its place as an integral and foundational part of Hayek s oeuvre."

Nine Lives of Neoliberalism

Nine Lives of Neoliberalism PDF

Author: Dieter Plehwe

Publisher: Verso Books

Published: 2020-05-12

Total Pages: 369

ISBN-13: 1788732537

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Untangling the long history of neoliberalism Neoliberalism is dead. Again. Yet the philosophy of the free market and the strong state has an uncanny capacity to survive, and even thrive, in times of crisis. Understanding neoliberalism’s longevity and its latest permutation requires a more detailed understanding of its origins and development. This volume breaks with the caricature of neoliberalism as a simple, unvariegated belief in market fundamentalism and homo economicus. It shows how neoliberal thinkers perceived institutions from the family to the university, disagreed over issues from intellectual property rights and human behavior to social complexity and monetary order, and sought to win consent for their project through the creation of new honors, disciples, and networks. Far from a monolith, neoliberal thought is fractured and, occasionally, even at war with itself. We can begin to make sense of neoliberalism’s nine lives only by understanding its own tangled and complex history.

The Open Society and Its Complexities

The Open Society and Its Complexities PDF

Author: Gerald Gaus

Publisher: Oxford University Press

Published: 2021

Total Pages: 305

ISBN-13: 019064897X

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Preface -- Prolegomenon : Hayek's three unsettling theses -- Beyond human nature -- Beyond moral justification -- Beyond human governance -- Three enquiries on the open society -- The rise of a normative species -- A natural history of moral order -- The "starting point" -- The egalitarian revolution -- Self-interest, reciprocity and altruism -- Internalized, enforced, social rules -- The other side of morality -- Cultural evolution -- Part I : the rise and (partial) fall of inequality -- A complex moral species -- The diversity and self-organized complexity -- Liberalism and the open society -- Understanding diversity -- Autocatalytic diversity -- Diversity and complexity -- Too much complexity? -- The morality of self-organization -- The social contract -- A self-organization model -- Moral diversity In the open society -- Part II: the complexities of self-governance -- Self-governance -- Macro control -- Macro structure -- Strategic dilemmas and polycentricity -- Meso-level goal pursuit -- Sectoral policy -- Self-governance from the bottom-up : simplifying the problems of governance -- Our moral nature and governance in the open society -- Liberal democracy -- Epilogue -- Appendix A -- Appendix B.

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