Hayek's Political Economy

The Socio-economics of Order

Business & Finance, Economics
Cover of the book Hayek's Political Economy by Steve Fleetwood, Taylor and Francis
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Author: Steve Fleetwood ISBN: 9781134794744
Publisher: Taylor and Francis Publication: February 1, 2013
Imprint: Routledge Language: English
Author: Steve Fleetwood
ISBN: 9781134794744
Publisher: Taylor and Francis
Publication: February 1, 2013
Imprint: Routledge
Language: English

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.

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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.

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