The Market and Other Orders
The Market and Other Orders

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.

Individualism and Economic Order
Individualism and Economic Order

Author: F. A. Hayek

Publisher: University of Chicago Press

Published: 2012-12-01

Total Pages: 281

ISBN-13: 0226321215

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“These essays . . . bring great learning and . . . intelligence to bear upon economic and social issues of central importance to our era.” —Henry Hazlitt, Newsweek In this collection of writings, Nobel laureate Friedrich A. Hayek discusses topics from moral philosophy and the methods of the social sciences to economic theory as different aspects of the same central issue: free markets versus socialist planned economies. First published in the 1930s and 40s, these essays continue to illuminate the problems faced by developing and formerly socialist countries. F. A. Hayek, recipient of the Medal of Freedom in 1991 and winner of the Nobel Memorial Prize in Economics in 1974, taught at the University of Chicago, the University of London, and the University of Freiburg. Among his other works published by the University of Chicago Press is The Road to Serfdom, now available in a special fiftieth anniversary edition. “There is much interesting and valuable material in this meaty . . . book which must ultimately help the world make up its mind on a vital issue: to plan or not to plan?” —S. E. Harris, The New York Times “Those who disagree with him cannot afford to ignore him . . . This is especially true of a book like the present one.” —George Soule, Nation

Socialism and War
Socialism and War

Author: F. A. Hayek

Publisher: University of Chicago Press

Published: 2012-09-21

Total Pages: 281

ISBN-13: 0226321347

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This volume of writings by the eminent economist documents his thought on socialism and war during the dark decades of the 1930s and 1940s. Throughout the twentieth century socialism and war were intimately connected. The unprecedented upheavals wrought by the two world wars and the Great Depression provided both opportunity and impetus for a variety of socialist experiments. Socialism and War presents F.A. Hayek’s insight into these topics as it evolved over the course of decades. Opening with Hayek’s arguments against market socialism, the volume continues with his writings on the economics of war, many in response to the proposals made in John Maynard Keynes’s famous pamphlet, How to Pay for the War. The last section presents articles that anticipated The Road to Serfdom, Hayek’s classic meditation on the dangers of collectivism. An appendix contains a number of topical book reviews written by Hayek during this crucial period, and a masterful introduction by the volume editor, Bruce Caldwell, sets Hayek’s work in context. Volume ten in The Collected Works of F.A. Hayek, Socialism and War will interest anyone concerned with the ongoing debates about government intervention in the economy.

Contra Keynes and Cambridge
Contra Keynes and Cambridge

Author: F.A. Hayek

Publisher: Routledge

Published: 2013-10-31

Total Pages: 288

ISBN-13: 1317950011

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First published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.

F. A. Hayek
F. A. Hayek

Author: Peter J. Boettke

Publisher: Springer

Published: 2018-09-05

Total Pages: 342

ISBN-13: 1137411600

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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.

Capital and Interest
Capital and Interest

Author: Lawrence H. White

Publisher: Routledge

Published: 2016-02-26

Total Pages: 240

ISBN-13: 1134862288

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Produced throughout the first fifteen years of Hayek's career, the writings collected in Capital and Interest see Hayek elaborate upon and extend his landmark lectures that were published as Prices and Production and work toward the technically sophisticated line of thought seen in his later Pure Theory of Capital. Illuminating the development of Hayek's detailed contributions to capital and interest theory, the collection also sheds light on how Hayek's work related to other influential economists of the time. Highlights include the 1936 article 'The Mythology of Capital' presented here alongside Frank Knight's criticisms of the Austrian theory of capital that prompted it - and 'The Maintenance of Capital', with subsequent comments by the English economist A. C. Pigou. These and other familiar works are accompanied by lesser-known articles and lectures, including a lecture on technological progress and excess capacity. An introduction by the book's editor, leading Hayek scholar Lawrence H. White, places Hayek's contributions in careful historical context, with ample footnotes and citations for further reading, making this a touchstone addition to the University of Chicago Press's Collected Works of F. A. Hayek series.

Studies on the Abuse and Decline of Reason
Studies on the Abuse and Decline of Reason

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.

The Sensory Order
The Sensory Order

Author: F. A. Hayek

Publisher: University of Chicago Press

Published: 2012-09-15

Total Pages: 232

ISBN-13: 0226321304

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The Nobel Prize-winning economist explores how the mind works—an early landmark in the field of cognitive science. The Sensory Order, first published in 1952, sets forth F. A. Hayek's classic theory of mind in which he describes the mental mechanism that classifies perceptions that cannot be accounted for by physical laws. Though Hayek is more commonly known as an icon in the field of economics, his genius was wide-ranging—and his contribution to theoretical psychology is of continuing significance to cognitive scientists as well as to economists interested in the interplay between psychology and market systems, and has been addressed in the work of Thomas Szasz, Gerald Edelman, and Joaquin Fuster. “A most encouraging example of a sustained attempt to bring together information, inference, and hypothesis in the several fields of biology, psychology, and philosophy.”—Quarterly Review of Biology